We are still pondering the above things since there have not yet been any confirmed cases in our location.

Ponder these issues:1) In Michigan, if a homeowner contacts an agent about selling their property, that agent has a legal responsibility to tell the homeowner what their property is worth.

I pondered this question a good bit before I started buying properties.

something to ponder.  

I have these weird vibes that I get when pondering the unknown when it comes to real estate and that tends to lead down an endless road of "what ifs".

For the sake of comparing payoff vs cashout, comparing the yearly cash flow, ROI, COC, etc against what that equity does while having 2nd, 3rd, 4th, etc properties would absolutely give all newcomers something to ponder.

I have been pondering if the bank follows up on this requirement.

I can't imagine how life would not be better for most people if they pondered this question.2.

I have been pondering outsourcing my Google Ad and Facebook Ad management to a company where they are charging about $2k per month plus your ad spend. 

Now, if a walk-in closet is something you think could add value and raise the rents on, then you could ponder having a professional do said work.