(Our quoted re-fi rate is 5.8%)

@John UnderwoodThe properties are in Roebuck, SC. I

It is not possible to garnish wages in SC. I

@Ben F. - I forgot number 5. 

I don't really have any bill i can register to that address (school pays utilities) except maybe my Google fi phone plan, but nothing comes in the mail for that.Thanks!

Since my goal/most likely outcome would be to end up in Greenville, SC I could also explore the option of buying property out of state while living in New Orleans.Considering that I’ve just begun learning about real estate investing, know absolutely nothing about the New Orleans area (from looking through other forum posts, it sounds like a difficult area for a beginner investor), and I’d need to make a decision fairly quickly - what would you do in my shoes?

Also episodes #305 FI with just 5 Properties, #278 the Boring Path to Real Estate Success, #293 Chad Carson and probably get his book ‘Retire Early with Real Estate’ as well. 

Tagging along, @George Gammon , Would you recommend doing a $25,000 cash out re-fi on a personal residence to 30 year terms vs 20 year as you say.."

The principle of the re-fi is just a bit over the initial loan amt. so I'm assuming we don't get grandfathered in, but again if I'm reading things right that really doesn't matter?

Here's a LA Times article 2 years ago predicting the imminent growth which didn't occur. https://www.latimes.com/business/realestate/hot-property/la-fi-hp-neighborhood-spotlight-20170401-story.htmlNotice this from the article: "An important thing to remember about Playa would be that LAX is right next door, except you could never forget that LAX is next door because you will hear it.