For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the life of a typical mortgage at current rate around 6.5%.

The most expensive exchanges are typically "one offs" done by an an attorney with no economy of scale which is a direct result of little direct experience.However I'd also counsel that you not simply look for the cheapest "fill in the boxes" internet intermediary either.  

This ensures enough space for the homes, parking, and any additional amenities while maximizing land use.Project Scale: To reach an institutional-level deal, you'll typically need at least 100 units.

@Brett Jurgens,With strong equity and a good tenant, you have a few options:Cash-Out Refinance: Offers lower, fixed rates for stable monthly payments and lets you keep the property while using equity to invest in another rental.HELOC: Provides flexible access to cash, though with typically higher, variable rates that can fluctuate over time.1031 Exchange: If you're open to selling, a 1031 exchange could defer taxes and allow you to trade up to a higher-value property or diversify into a different market.Each option has pros, so it really depends on whether you want to hold onto the current property or leverage its value for something new.

3) Dealing with Contractors: guess you found it's not as easy as the "gurus" make it out to be. 4) S8 slightly above.guarateed Rents: typical naive mistake.

With investment properties, you can typically borrow up to 75% of the appraised value - significant funds if the $245,000 estimate holds.

(Banks typically want to see 1 Year+ leases).

Is that typical for insurance placements in that market or is this the high end you would expect for this property? 

When you add those together that's typically your 10 year yield, currently projecting 2% inflation and two and a quarter to 2.5% GDP growth near term, Bond market has felt that FED cut 8 weeks ago too much and too early, thus risking return of inflation.

Typically I’m seeing higher appreciation than cash flow but it can be hard to tap into that equity if rents won’t cover the new cost of the refinance.