Park owned homes, i personally would probably shoot for a year on the front end but its going to depend on your plans and goals if you own any of the homes.   

Here need talk to building department for address change. depend on city, some are easy some are difficult.BTW, in some Asian culture, 666 is super good lucky number.

We go to either the Outlet for scratch and dent, or buy used for super discounts, depends on our timeframe for replacement.

Depending where exactly the house is the reality is most Graduate Students/Young Pro's are looking even earlier than late July or early August.

I have used both depending on which had loan terms more favorable to me at the time; for example, I used a 65% LTV private money loan when I had a lot to put down on a house but wanted to avoid making payments on the loan during the rehab b/c I needed the cash flow; I used a 100% LTV hard money loan at a time when I had more cash flow because it required less down and all the rehab costs were folded in so I knew I had the money to pay for the rehab. 

Blake,All depends on what your motivation is with this property.

Well as you know, it depends!  

Rents I see usually for 2 bedrooms are between $750-$850 depending on size and amenities.

We can talk about that more in detail because it can be a long conversation, but it depends on you, your palat for risk, and the numbers that make sense for you as an investor. 

But was this cash out refi a bad choice regardless of circumstance as I depended on that money and it was already making money (and was paid off)...now I have a mortgage and make significantly less money per month.