Keep in mind, the region is immensely sought after, leading to notably low capitalization rates.Positive cash flow from a rental property becomes challenging; however, there remains potential for substantial returns through appreciation.

Not sure, from what you're writing, what the benefit to the borrower was in refinancing, but there had to be something; cash out and lower rate are two that come to mind. 

Gravel and posts come to mind as options.

It's essential to prioritize their comfort and peace of mind during the transition.● Management Company Challenges.

As far as "mid-term needs", did you have any specifically in mind? 

I knew a few people that went to SUNY Binghamton (and one that moved back there recently) so I had student housing in mind when I asked the question.

I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well.

And I always see fixers at a decent price (if yo don't mind putting some money into it).

So I’m pretty close to you, once I pull some cash I have sitting in a flip that will probably turn into a brrr I’ll be about 70/30 stocks, I really don’t mind buying property provided I think for some subjective reason that area is undervalued/will outperform the market, but to me the stock market has a few advantages, 1. it is much easier obviously/more liquid. 2.

Just keep in mind that less sought-after areas can come with slightly higher risks, but with the cash flow you’re generating, it can still be a good investment.