Welcome to the forum @Jordan Bemboom - always happy to network and talk shop.

If the home sales start to increase it would be around late 2025 so by early to mid 2026 that would be your window to refinance and pull out some equity.You would probably see the rental market increase by late 2024 as the initial plant managers and workers move to set up shop. 

Trying to get started in the fix & flip space, anybody shopping deals around let me know!

Oh, and my insurance agent is telling me my premiums are likely going to double once I rent out the apartment - fun times (Yes we are shopping that around). 

Give me a shout anytime, I'm always free to talk shop

I am shopping around for a cash out refi on a rental property and have a couple of very good prospects.

You just need to shop around more and take care of the big items, like the roof, if needed.

I had to deal with a lot more issues than I've ever had in non-S8 rentals like extensive property damage and also bed bugs, roaches, drain lines completely clogged up by grease (I learned what sewer worms are, look it up), spray paint art on walls and food on ceilings, noise complaints, police at the property, removing dead bodies, etc.  4.

.- This unlocks cash to allow you to buy a new larger home for your growing family(congrats) with 5% down (Since it's a primary residence)- This allows you to exit the current home and cash in on the $600 cashflow differential(minus the monthly payment of the HELOC, minus maintenance and plus tax savings ).Could be a strategy that works well for you, please feel free to reach out if you want to talk shop and run the #s.Zach

@Robert Gilstrap several reasons:1) Investors think they are smarter than all dumb ol' PMs, so the cheaper idiot the better.2) Investors think PM services are a commodity, so if they all offer the same service, price is all that matters3) Investors don't do enough research to understand everything a PMC does, so in their ignorance they default to shopping by price.Take your pick!