The previous lease had a no pet policy that required giving the tenant a 30 days notice, said tenant currently has a cat that I was made aware of recently.

We feel the 5% conventional is a no-brainer because no PMI will allow for a higher NOI and the possibility of not necessarily refinancing when we move onto our second house-hack, assuming we are able to save up enough for the next down payment and closing costs. 

The previous lease had a no pet policy that required giving the tenant a 30 days notice, said tenant currently has a cat that I was made aware of recently.

If you are able to profitably hold the property AND tap into enough equity for it to make sense, a cash-out refi is a no brainer in my opinion. 

heck something like 70% of my state are vaxxed so here it would be a no brainer. :) 

Typically on a no seasoning cash-out refinance, borrowers can pull cash back out of their recently purchased property if the purchase cash was from an acceptable source.Acceptable sources include:Cash from borrower's own financial accounts.Funds from a home equity line of credit.Funds from a personal loan.That being said, I can point you toward a few local MB's that may have access to private money sourced from more flexible lenders.

Positive Cash Flow this was a no brainer.

Positive Cash Flow this was a no brainer.

That’s a no-go in my personal book.If you are cashflow positive, then it really depends on your personal goals and whether that Cash on Cash return is an acceptable return for you.

(They were all related) I had a no sublet clause in our rental agreement, which gave me cause to evict all of them. ( which I did).