Of course there could be other circumstances specific to you that change your analysis, but what you laid out is correct.

The only penalties would apply if I’m taking out the earnings that the Roth IRA grew itself, correct?

We do ALL the grunt work so our investors have the information they need to make decisions based on actual data.If you’re a person of integrity and would like to learn more about how we help create 100% hands-off passive incomes for our investors…Shoot me a message & let's connect.And marketing PM company on other profile: https://connectedinvestors.com/member/bob-priscowhich links to: https://5pointspm.com/ Correct how many years ago was this.

I think this is a State specific legal ruling in WI if I recall correctly.

I'll need to contact a few PMs in the area to get an idea of the cost for their services.If it's just one unit, I would always say self-manage to learn, but you still need to have connections to do self-management correctly.

This reduces my monthly payment by ~$100 a month.Am I correct to think that I am essentially paying $3500 for this refinance?

Quote from @Christina Barry: You are correct.

Definitely not, if you don't pick a correct property at a correct price. 

Don't be afraid to purchase the lower tier real estate the second go around if you are focused on the correct fundamentals.

You are correct, small multi listings in A/B markets are less common, but do come on occasionally.