With substantial equity in your Fort Worth rental, a cash-out refinance could free up funds to purchase additional properties.

Gave the other tenants a smaller 250 increase and fixed up attic space to rent as storage.

It can increase your capacity to pull off certain deals.

I understand they can make our life a lot easier but is it worth it if it eats up a lot of our cash flow? 

Hi NidaI am very spectacle that the purchase prices you mention are anywhere but war zones.Most worth considering will start at $100K with rehab necessary.Please bewareBest Mike

"Getting in" is easy; making money, managing the business, with the increased financial risk of commercial properties is a whole different game. 

Need so much more info to actually be able to shop rates  :)  No points, 110k, SFR, regular purchase financing, the house is worth around 140k.

Well-worth $15 used. 

In high-cost markets like Chicago, that can be tough to meet.If you're looking at a duplex, the self-sufficiency test doesn’t apply, so you’d just need to qualify based on your personal income and the rental income your lender allows.If your current lender isn’t familiar with making FHA work in your situation, it might be worth getting a second opinion from someone experienced with FHA multi-unit financing.

As prices increase, fewer people can afford to buy homes, forcing them to rent.