I've been studying up for a long time and ready to take the plunge once I can save up some funds, unless I can find a good hard money lender willing to make a deal.My primary goal is to have enough properties that I can become FI and quit my day job to do this full time.

@Albert BuiI like all 4 definitions of FI.

@Qusay F., I have on at least one occasion offered more than asking on a property and I was glad I did. 

I reside in Charleston SC. I

What fi you get denied for a refinance?

Finally, I am considering adding wi-fi and front desk and somehow section off or partition spaces, either with drywall or pre fab removable walls for offices.   

I may need to file a claim for some roof damage on my rental property that is out of state in SC. I

(cash out re-fi doesn't look economical with current rates). 

http://www.latimes.com/business/la-fi-costa-hawkin...

But otherwise if you feel that you don't want to lose cash regularly and use that cash for other deals, you may want to re-fi to a 20 year or another 15 year.