Our current lender is offering us 170K cash out refi ( I will be researching this in a greater detail ).

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Blake,Your in a great spot in Cape Coral its growing fast and soon the Seven Islands will be done and offer a ton of more value and attractions for tourists/renters. 

But I said at the time that one day I’ll be in a position to take advantage of dropping prices, and I think this is the time.

I’m happy to be in a forum with fellow investors and people wanting to master real estate.  

I would rent or sell that condo and buy a duplex in a class A or B location in KC.

Even if you're in a local 50+ league and want to be competitive, a coach is probably over-kill.

Always have backup subs as well, and in my case I have spent time learning all the trades so in a bind I can fill in and get it done myself if I have to.

Like I see how it could work in a perfect world but i cant wrap my head around the idea that I could be making a profit if I still don't actually own the house and still have to pay down all of the loans.

That will change in 2H25 in a lot of markets.Expenses:  Leveling off and must be accepted as the new normal.