Educate yourself on investment fundamentals and understand lender criteria, such as minimum loan amounts and property requirements.

Most lenders will use a "Loan to Appraised Value" ratio to determine the loan amount on a refi.

Based on a value of $165k, 75% LTV would make your new loan amount $123,750.

Your replacement property needs to be equal to or greater than the aggregate amount of your net sales.

When you convert an asset to Roth you have to get a third party valuation and often they come in at a major discount..25-60% so your taxable amount is way lower than the actual conversion.  4. 

Their hopes are that the market will go up 70 K in the amount of time they allotted themselves. 

Cash flow is the amount left over that you deposit into your real estate-only account. 

Welcome to the community and be ready for a huge amount of information at your finger tips.

You are off to a great start so far @Jed Butikofer.Welcome to the community and be ready for a huge amount of information at your finger tips.

If the students do not have the income or credit to warrant the rent amount, I would require that they get a cosigner (like a parent or another relative that can vouch for them).