Does he have excessive landlord/tenant court history?

Looking for opinions along with pros/cons that I might be missing.Would you rather take a cash out refinance on a property to pull excess equity out (80% LTV)? 

Putting a quarter into cash may be excessive, depending on how much you have to work with.

There are a few other rules that the taxpayer must also satisfy including excess business loss rules, at-risk rules, and basis limitation rules.

So it last sold for 50k, and I paid just south of 200k for it, and so I am guessing that this increased price is what triggered the excessive property taxes. 

Because we are not looking into DTI, taxes, or employment we want to see reserves in excess of the down payment.

This is a good example of why most investors will control the insurance program.In addition, even if you have the tenant provide the Building coverage, you will still want to have a General Liability and Excess Liability policy cover the entity holding title to the property. 

Specifically South Carolina I just found out that the property tax for non residents is about 6% which seems excessive.

Lots of photos of the shoddy workmanship, failure to get proper paperwork and a lien in excess of amount owed seems like good grounds for him having to 'splain himself.

He set up an appraisal with the soonest available appraiser and the appraisal came back in excess of our expectations.