Hi @Waleed Asad, you'll be able to invest in real estate in several different ways sooner and later, but a few of them will be much easier if your credit score is higher.  

Also with such low rates, should we refinance our current home to pay it off sooner, but then reducing our cash flow?

You should be able to find out this information online by just searching "<County State> landlord laws" or something similar.I would highly recommend only doing a month-to-month lease in this situation so that you can end it much sooner if things get to be too much. 

I prefer to meet, interview and screen the potential tenants myself but since i am out of town and the current tenant is breaking her lease and moving sooner than expected, i am thinking of using a broker.

The more” no’s” the better and sooner youlll get to “yes “.

I just added a mini split in a room addition behind a garage that was a home gym and it was under $3k for a good quality unit.

Is this when I should find an agent or should I look for one sooner? Ive

The smaller 10’ x 15’ retreat is located off the master bedroom, perfect to utilize as a boutique gym, nursery, or office.

Wishing I would have bought sooner!!! 

We are the sole members of the LLC.We found a great place much sooner than we expected but the exceptional financing we secured must be in our natural names because it will eventually be sold to Fannie Mae.