@Brandon Burch it's funny how people don't actually answer the question you were asking...The answer is no, refinancing will not negatively affect your ability to sell, refinance, get a heloc, or anything in the future.

However, if the test returns negative for harmful mold, the tenant will be billed for the test.

For our clients, we separate repairs into catergories: 1) Health & Saftey - highest priority to avoid lawsuits2) Property Preservation - don't want a $500 water leak repair to become a $5k repair later3) Government Required - for city & S8 inspections4) Marketing Negative Impact - who wants to rent a "purple" house?

We also try to note everything wrong that is readily visible and then categorize each issue as:1) Health & Safety2) Property Preservation3) Marketing Negative Impact4) MiscellaneousThis can help owners make better decisions on which repairs to prioritize, especially if they have a limited budget.

They both have their good and bad aspects… but rentals are far easier day in and day out.  

My place sleeps a lot, and so, is often rented by large groups of "friends", no one with a majority stake in the collective negative outcomes of their behavior. 

This can be a good thing and it can also have negative effects in some instances. 

Diversification is the only protection for Black Swan, large scale negative events. but can this happen again, Absolutely.

Some investors will cash-flow negatively, be upside down, or both but every REI strategy comes with risks.

Additionally, I personally like the Northeast market, much less competition since people interpret the tenant friendly aspect as more challenging, but with that comes less competition.