Feel free to DM me and I can relay the path/process I've taken for my structure...after law school I went into estate planning/asset protection for HNW clients.

If they would want to refi and take equity out, they can take prob $45K.I sold that house and 1031 into a house in Johns Creek GA for the same $375K, way smaller land, not as nice of a house, but same good A+ school district, PITI was only $1700/month, because property tax was $4K/year.

Looking for a property in a good school district (B+) with lower property tax.

Adding a 500k house to the property would put it into the 2m price class (was my retirement plan) at that point I’d sell it with around a 1.5-1.8 gain on my actual cash invested and the only people who would be able to afford it would be the Wall Street bankers that wouldn’t put their kids in the school and wouldn’t stimulate the local economy.

I didn't see groups of people congregating on porches or street corners, nor did I see any kids hanging around ... because they're in school like they're supposed to be at 11:30 AM on a weekday. 

The rich get richer, and the poor get poorer, and not a single worthwhile word of any authority was ever said in my home and or my school about how someone who is broke might stop being broke, and why that could be a worthwhile life goal.

I also have no debt and I am on a full ride for school. 

The most common criteria I see investors evaluating when considering location are job growth, population growth, and school systems.

Looks like these people would stay with me a few years, and I expect school taxes to go up that much each year.

Good schools are what I value most.