@Mike Most this is one of the few times we disagree with @Adam Bartomeo:)It really depends on the specific market the property is in.

Respectfully I'm going to disagree that a lot of homes look rough on the exterior, again your AE can provide you photos and Matterports with plenty of nice looking homes.

Seems like you find a reason not to like anyone who disagrees with you.

It's hard to get voice inflection into a post here, so any disagreement with you on this is not intended to be a "disagreeable".

I don't think it's right to do that and especially not in a public forum so I was "forced" to set the record straight.Mind you, the irony of that discussion is that I suspect we aren't probably disagreeing on much.

Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

Can you disagree with that opinion?

I disagree with "no skin in the game". 

Do you agree or disagree with this?

I completely disagree with the lege and Texas Real Estate Commission that failure to disclose is brokering.