The best way to set them up is to commit a set amount of money for a certain number of years (at least 5).

Always try to run the numbers side by side with the two scenarios (as is, vs. the cash-out refi + new property) and look at the bottom line of each - typically the best way to do it.Also - any reason why you are committed to someone "local"?

IF you are going to use a PM, vet them and understand you should be committing to them to MANAGE the entire process, not just find a tenant....

I'm sure once one gets into a new geographical area and builds the team then it can work but that in itself takes a ton of commitment.

It's disappointing to hear that this wasn’t reflected in your interaction.Sales Approach: We aim to offer transparent information and value upfront before discussing any financial commitments.

And you are committing fraud selling a house FSBO you do not own.

Our financial support highlighted our commitment to providing the necessary resources for successful real estate investments.

I would consider investing with you, but I'm not ready to commit my "emergency" funds for four years.I am actually 4K to 5K short a month for retirement.

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I committed to Bryan / College Station and haven't look anywhere else since haha.