Of course, this varies among different classes of properties.

And for the record there is a HUGE difference in the amount of odor in a unit from 3rd hand smoke which is what carries in in your person when you smoke like clothes smell and breathe smell vs the smell you get when there’s actually smoking in the unit.

Good luck on the deal but make sure you know ALL of the costs before you lock it in as it can easily make a great deal look 180 degrees differently.

They will be able to walk you through the different scenarios with real numbers. 

But if you’re going into a 7% loan with little cashflow or appreciation potential I would look for a different buy box. 

The difference between MKE and Chicagoland does not warrant the extra effort that comes with going remote.Everything gets so much more complicated as soon as you can't swing by your property after work.

Maybe we're defining pent-up demand differently. 

The difference would depending on your exact deal though, each of those are weighted differently. 

The decision about the cash out refi all depends on the different terms from the lenders.

Perhaps even talk to a few to see the differing opinions they have and try to assess whether one of them can help you in the way you need.