That's before you pay any debt service.To answer your question: No, it's generally not a good idea to lose a bunch of money every month.

And only if you invest in the following 6 months after you join. 

Let's say you spent a month on the initial preparation: cleaning, painting, shopping for furnishings, assembling IKEA furniture and so on.

No charge for inspections my Banker does the inspections then we have lunch LOL..

Currently have a duplex I’ve been in 3 yearsMortgage 3.65% pmt $850Tenant pays $875Heloc $30k——monthly $291The issue I am running into isRates are so high right now and it’s a lot harder to find another that will cover full mortgage.Does it make sense to leave somewhere that it is full covered to go to one that is not?

My property has around $600 HOA per month.

Go find another property and just check in with this guy once every month or so....you might be surprised one day :-)

that's insane we just built a house in columbus ohio in 3 months. 24 months is crazy 

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

To qualify for a loan, focus on having a credit score of at least 620 (or 580 for FHA loans), keeping your total monthly debt under 43% of your income, and saving enough for a down payment and closing costs—about 5-10% of the home's price in total.