BRRRR-nt out? Looking for advice/wisdom.

[Tobias Smith]

Context on me: I had a client from of the company I work for take me under his wing back in 2010 when i was 25 and d and i adopted his method of buying Real Estate. Method: Buy owner occupied (fixer), fix up, cash out refi (owner occupied for better rate) then after one 1 year (lenders seasoning requirements) repeat. i am now on my 4th duplex and seemed to have lost the momentum or hope? This last unit my wife and i bought/live in had some emotion involved as i was married in the last 2 yrs and the purchase brought us 1hr closer to our occupations. The place is great, but numbers don’t lie. Here is the break down on the place. Upstairs is 2/1 - will rent for 2200 (occupied by us). Down stairs 1/1 is rented at $1335. We bought the home a little over a year ago for $480k with 20% down did some minor improvements and owe 352k - it is now worth 575k-610k.

My hang up is losing the $700 additional monthly cost for pulling my 20% back out of the above deal for 1 year (lenders seasoning requirements) or until i move out. The property will cash flow at $300 a month after all expenses - once fully rented. So why am i fretting? Have i become greedy? am i missing anything. Maybe i have been listening to too much Dave Ramsey? Maybe because i am used to larger cashflow on the deals i bought in years past as price point in my area has since gone WAY up since then? I guess i am looking for some wisdom and guidance as i have not worked with my old mentor for personal reasons for the past year.

Apologies for the novel!

Other properties:

1st duplex - loan: 145k - 30yr fixed @ 3.5% - Cash flow: 2492

2nd duplex – loan: 394k - 30yr fixed @ 4.625% - Cash flow:1024