Columbus is a rapidly growing market that has a good blend of cash-flow and appreciation.

This results in reduced risk and blended performance across all the properties in the fund, and can also create the opportunity for compounding returns by reinvesting cash flow distributions back into the fund.Keep in mind, passive investors are exposed to both deal risk and sponsor risk.

Once you blend the income from the investment property and the gain from your stock portfolio, you may very well be in the green from the beginning. 

How can we blend the time-tested with the innovative to create a sustainable and thriving legacy?

When you look at a low rate first position mortgage and a high rate second position, many times the blended rate is still better than a cash out refi.

I'm recently finding that combining Airbnb last minute discounts with PriceLabs dynamic pricing helps Airbnb SEO, so I'm experimenting with a blended approach for the situation you are describing. 

If not, you will continue to have problems. 80/20 cotton blend and they aren't cheap but they last.

I might say 3%, so that 6% loan should yield 9% and by blending the other rates required I have a better expected return on the use of funds in the deal.)You'll find that any cap rate that RE buy and hold types assign or asssume initially won't be the actual return in the future.

I'm using a blend of the Ramsey approach and also focusing on highest interest rates first.

Say you have a 3% first mortgage maybe this makes sense as short term loan when you blend the numbers together.