However I am struggling to understand and evaluate the risks involved with cash out refinancing 2-5 years down the line.

I understand the safety concern.

Hello!I am new to the real estate game and got my foot in the door by purchasing my first property as a live in renovation. It has been a very exciting and humbling experience. Im towards the end of my renovation and ...

I'm going off the understanding that you still need to spend 500+ hours in the business to achieve material participation (please correct me if I'm wrong). 

I understand that they would all be considered unrelated even though two of them are cousins. 

Try to understand why:Let me explain why.Q.

I'm trying to understand how frequent this is.  

I'm a pretty handy guy but this would be outside of my realm, but my experience helps me understand how much this type of improvement should cost.Improvements: remodel kitchen and bathroom, paint interior, fix exterior scafolding.How should I go about finding a contractor?

Some wholesalers over charge and don't understand the market and arv or BRRR.

You MUST understand this as the suburbs are usually much nicer than the city.All of these challenges are why we have a map of Metro Detroit on our website with the cities in Macomb, Oakland and Wayne Counties listed, as well as 183 Neighborhoods in Detroit.The majority of the 48235 zip code is Class C, the question is, do you understand what that means?