**Depreciation Recapture**: Because you've rented the property, you likely claimed depreciation, which reduces your basis.

So I am not sure whether I really need sources of passive income right now considering that I have a lot of energy that I can spend on investment strategies that require more efforts and energy.

Pergo is known for its durability and ease of installation, which could give you a clean finish and reduce maintenance costs in the long run.It's wise to consider all these factors as you make your decisions.

Over the home loan term, this can significantly reduce your mortgage payments.Closing costsReal estate investors must pay most of the closing fees when finalizing a mortgage and real estate sale.

Evaluate the numbers and your time energy lifestyle for managing rentals out of state and how those align with your why you're investing in RE. 

You can also write it off as a business expense and there could be additional tax benefits for energy efficient home improvements.  

You should also ask if they do cost segregation analyses, as that might be extremely helpful in reducing your income tax liability.You could pay a CPA to prepare your tax return for this first year and learn as much as possible from them.

This is because lenders see cash-out loans as higher risk, especially with investment properties, so they limit the LTV to reduce exposure. 

Plus, replacement parts are easy to source if needed.CB2/West Elm (Sales Section): Higher-end, but you can score deals on durable, modern furniture during sales.Local Furniture Stores or Liquidators: Sometimes you can find high-quality, durable items at reduced prices, especially in stores that cater to hotels or corporate rentals.Second-Hand/Consignment Stores: Gently used pieces, particularly mid-century modern, can be very durable and unique.I do NOT recommend Wayfair as I ordered from them and the furniture came back damaged and low quality.

Going to have to reduce to cut down on vacancy.