I would buy a place all cash if was an option but the best part of the refinance is that you can use the current equity and the potential new rental income to purchase.I can't cash out refinance right now.One of my properties doesn't have enough equity; I'm probably at 19%-21% LTV - 15% down house hack.The other property has probably $80-90k I could tap into, but I have a 2.9% loan, and I won't even break even with the new interest rate.

It seems to me, with these laws, that property managers / land lords, will be less likely to give anyone a break or show a kindness. 

Major water damage in my investment property from a sudden pipe burst there was some other damage from a break inand had a previous break itI have max 160k  insurance payout.It is a builders risk policy for house flipping.

Here's a deal I'm going to break down pretty thoroughly on my process of evaluation.

It's one of the few places where you can get a mix of great cash flow and appreciation potential without breaking the bank upfront.If you're curious and want to dig deeper, I’m happy to send over some resources that might help you get a better sense of Detroit as a market.

No one putting in offers at our break even selling price. 

He likes having the government backing and guaranteed check every month especically if they break the lease.  

There might be demand, but oversupply in certain areas, like Orlando, is pushing prices so low that it becomes impossible for some property owners to break even, let alone turn a profit.Agents promoting STRs as "good investments" without considering the current market saturation, high operating costs, and potential competition do a disservice to buyers.

I am also open to a longer rental as long as I could use this place for 1-2 months as a second home (summer or winter break). 

I have an ice maker myself- I love it I use it all the time- sometimes it breaks down and has to be repaired- I don't care I want the ice and am willing to pay for it.Just my 2 cents.