There's also less up-front financial risk and there's the possibility of it turning into a 'lotto ticket' property. 

How old and in what condition are the big-ticket features (roof, windows, doors, flooring, furnace, water heater, etc.)? 

We are long time SDSU basketball season ticket holders.

It sounds like you have replaced all the big-ticket items so there shouldn't be much else to break. 

So if the plan is to keep it for 3 years or more, then that's the ticket to refinance.

For your friend, RE investing may be a ticket to wealth, but for others it may be a way to drastically under perform their potential. 

.· Have reserves and plan for big ticket future repairs.· Base their choice of Property Management Company the experience & expertise and services rather than price. 2nd Type of Owners/Investors:· ALWAYS GOING FOR THE CHEAPEST PROPERTY MANAGEMENT COMPANY.· They think they know it all.· Always want to do work on the property themselves even if they have no experience.

I would buy a plane ticket and come out to whatever state you live in. 

@Uri E.As a Property Management that deals with Home warranty on a daily basis the answer is NO…Reason - for the small items they are going to pay but when there is a big ticket item they will always find a way to have the Owner pay for that same fix.

I did the credit card strategy recently, I received 120k travel points, which is sufficient for 2 roundtrip airfare tickets to almost anywhere in the world.