However I am struggling to understand and evaluate the risks involved with cash out refinancing 2-5 years down the line.

I have very rarely sold a property over the last 35 years and the income properties I hold now cash flow very well with not to much effort involved.

For additional context, here’s a snapshot of our financial situation:We’re paying the mortgage on our primary residence.We have one car with ongoing payments.I anticipate it could take up to three months to find a new job.I’ve already applied for unemployment benefits (in PA) and am waiting for approval.I’d greatly appreciate any advice or insights.

The title attorney involved had open communication with all parties on this and an addendum was added to the contract stating this.   

She didn’t even have to get involved with tenant issues, which is a win in my book.But here’s the flip side:Not all property managers are created equal.

For your first question, writing a scope of work (SOW) involves detailing all the tasks and materials needed for your project.

Apply it fairly, but stick to it.

Undoubtedly, the biggest regret is getting involved in the short-term rental market.

There is less risk involved in the cheaper properties .

There is certainly room and reason to apply different approaches and many different approaches can work well. 5.