If you keep the $ invested in an index fund or a no load mutual fund you will gain about a 8% annualized return.

You can no longer "submit" new offers.I am moving on to something else, just wanted a "NO" so I can move this off my desk to the dust collection pile LOL.

It's my understanding that cash out refis are hard to come by.You may need to get private money, obtain a huge second or refi it and then do a no cash out refi later to get where you want to be.Only two ways to get equity out, sell the property or borrow it out, borrowing has tax advantages and does limit liability in a round about way.I'd consider your cost of money and use of funds considering paying down principal on a home that was to be used for a 7 year period, you could probably do much better using it in other ways.

At 85k I get 204/month cash flow and 9.76% ROI, a no go for me.

We have a no pet policy.

One, both are on busy streets, that is a no no in my book, much harder to sell and if you need to sell in a buyers market, you could take a beating.

The "ten year old and decent condition house for market value" is kind of a no-man's land I think.

If I ever decide to ramp back up the volume then private money is a no brainer.Crowd funding will be an interesting space to watch develop over the next few years.

I understand why some people don't but for me it's a no brainer.

You will probably have a "no flipping" clause if you try to buy the house-- I know I did.