If I was immortal then all cash would be a slow but steady, simple way to go.

I like long-term rental or Section 8, you get great loans, steady cash flow, and with the right tenant not a ton of work!

While Akron offers affordability, Cleveland emerges as a better bet for steady rental income due to high renter occupancy.

This consistent influx of tourists can create steady demand for short-term rental properties, such as vacation homes and Airbnb units.Strong Rental Market: Many areas in Florida have strong rental markets, with high occupancy rates and increasing rental prices.

It's very expensive, has horrible traffic on restrictive roads due to the geography, but is very beautiful, not much snow, milder temperature swings, great hiking and outdoor activities such as 4x4 or hot air balloon tours - very touristy.  

We did not participate in the cracy run during the covid years, but we are at steady 7-8% each year.

So just rent steady and not much appreciation.

If you develop the right systems and understand the ins and outs of Section 8, it can be steady, but talk to others who did it in your market.

Not sure about your profession/income steadiness. 

You can then use the cash from the refinance towards a new acquisition, whether it's turnkey or value-add to BRRRR so you can help maintain a steady flow of properties if your goal is to expand and diversify your portfolio.