I guarantee you that is a vision I just can't seem to exorcise from my memory.

So I do think that any issues that have arisen have mostly been admittedly due to my incomplete planning and some lack of vision. 

IF your personal goals for investing in real estate involve gaining additional units, then this MAY be a fantastic opportunity (especially if the refinance loan is a long-term fixed rate loan at a less-than-dirt interest rate) and you can redeploy the capital sometime in the near future.However, IF gaining another property (therefore more complexity, if nothing else) runs counter to your vision and goals for real estate investing, then the good news is:  you're sitting pretty currently with a nice cash-flow AND equity.So, let your vision guide you. 

I love that you are going to do the things that the property really needs - you have great vision. 

You'll both discover things about yourself and about the business that you didn't (and couldn't have) known from the onset, so have built-in "checkpoints" in which you honestly discuss how everyone is feeling in their role, the vision you are pursuing, and the pace you're moving at. 

Unless you are creating some kind of world vision - think the Teslas, Googles, etc - the arrangement is almost purely transactional; they are looking for maximum dollars for minimal work, and you are likely looking for the opposite.

Vision Board 2020 👀2020 ✅ Setup Roth IRA✅ Payoff SUV-Save $10k (Looking Good)$100k Gross / Net worth $300k2021 -Save $30k-Invest $6k in IRA-Buy 1st Investment Property($600/ month Gross)$110k Gross / Net worth $345k2022 -Save $40k-Invest $6k in IRA-Buy 2nd Investment Property ($1200/month Gross)$115k Gross / Net worth $400k2023 -Save $50k-Invest $6k in IRA-Buy 3rd Investment Property$1800/month gross-$120k Gross/ Net worth $500k2024 -Pay Off Primary Residence @ $70k -Invest $6k in IRA$120k Gross / Net Worth $600k2025 -Payoff 1st Investment Property-Invest $6k in IRA($2400/month gross on rentals)$125k Gross / Net Worth $700k2026 -Payoff 2nd Investment Property-Invest $6k in IRA($3000/month gross on rentals)$130k Gross/ Net Worth $800k 2027 -Payoff 3rd Investment Propertyh-Invest $6k in IRA($3600/month gross on rentals)$140k Gross / Net Worth $1 Million 💰2028-Buy 4th Rental Cash-Invest $6k in IRAs($4100/month gross on rentals)$160k Gross / Net Worth $1.15 Millioni2029 -Save $100k-Invest $6k in IRA$160k Gross / Net Worth $1.3 Million2030 -Save $50k-Invest $6k in IRA-Buy 5th & 6th Investment Properties$180k Gross / Net Worth $1.5 MillionFuture Thereafter:-Continue to compound properties-Start a foundation

In fact, I feel that part of the broker's responsibility is Shiny Object Slayer:  help their agents discern their vision, plot a path to that, and stay the course. 

Cutting to the chase, I have a long term vision of starting a Design + Build + Transact firm.

I just touched base with someone who wanted to have a new duplex/triplex built and I just shared what he'd have to do as a broad vision and approx costs and it was an eye opener for him.