Usually in these cases I have expressed to my tenants that I need to fix the main concern first otherwise the replacement will just be ruined again. 

My one concern, when I have talked to them, was the rent to price ratios on the houses that they sell.  

I'm considering two options for my property and would appreciate some advice:Cash-Out Refinance and Then Sell: Cash-out refinance to access some of the equity, then sell the property to get the remaining equity.Sell the Property Directly: Skip the refinance and sell the property outright.My main concerns are:Fees: Are there more fees involved with doing a cash-out refi and then selling compared to just selling directly?

The second item and this is more a concern I wanted to raise is your objective of reaching 100 doors in the next 3-4 years.

That way you won't have to concern yourself with repairs or evictions and things like that so you can focus on your classes.

My concern with Galveston is definitely insurance costs though for you.

I am also not understanding the concern about a rental license raised by the follow up post.

On all my section 8 inspection I have my contractor walk with the case worker fixing, replacing or repairing anything they might have a concern about right there as the inspection is going on.

Also I would be concerned of being predatory especially if the borrower is elderly.

I shared that concern but now you see that it's possible!