My wife and I have just broken through the investment phase and I have quit my day job to fully commit to owning our multi-family properties we plan to flip and hold.

It helped us get out of the stuck/analysis phase.

Paired with a cost segregation study, this can be extremely advantageous to real estate investors.Here is the bonus depreciation percentage schedule including the phase out.

Bought my first rental property 5 months ago and I am currently in the construction phase of converting it from a single family to a duplex.

In this market I'd keep my powder dry for opportunities vs rush to pay off a loan in the 3s or 4s if I was still in the growth and acquisition phase. 

I am in the middle of building my second phase of 30 lots  so larger loan than a rehab.

We have another 40+ square feet of flooring to replace, but we wanted to pause at this phase. 

I do expect to settle somewhere in the next year and then I will definitely be off to the races, it's just this in between phase that's getting to me.

This part of my life is just at the learning phase, but all I want to do is learn what courses I should take, find if I should become a realtor & which certifications I should acquire to learn the most important information. 

There are a few things to consider if you buy a primary every year on a 15yr term, then take the cash out after a year:1) you will have to pay closing costs twice (once when you purchase, and once when you refi)2) you will have a higher interest rate on a cash out refi than you would have if you just did a 30yr purchase in the first place3) depending on how much of a down-payment you make, there may not be enough equity to pull back out for the next purchaseIf you are in a property acquisition phase of your investment journey, looking to leverage fully, and willing to move every year, I would either do a cash-out refi on your current primary for your down payment, or take out a HELOC.