(Then I never heard back and I'm tired of chasing someone to give them my business)Can anyone shine any light on his statement about the cash out refi being better? 

Well the already pissed off, very Type A personality, very well trained guy wanted to throw on the plate carrier, go lights out, and get playful in the dark.

Relocate the light boxes toward the ceiling to add hidden lighting accents.

Great way to start is here in BP Kevin, the forums shine a lot of light in REI.

Equivalently, it is the discount rate at which the net present value of future cash flows is equal to the initial investment, and it is also the discount rate at which the total present value of costs (negative cash flows) equals the total present value of the benefits (positive cash flows).Can you shed some light on how you calculate the IRR for your rentals?

You just get a lot of strong personalities like @Paul Sandhu but they keep it light and entertaining.

And while I understand that a home inspector might not be a state or town code inspector they may be able to shed some light on safety concerns.I did run into this a little bit last year when buying my primary residence. 

I’d tread lightly here

Can anyone shed some light on this?

Sometimes your risk reward changes substantially with the types of projects you can get into for one vs the other.As some other posters have alluded to, time constraints drive a lot - a light rehab/cosmetic buy and hold is possible for navigating while having a 'regular' job - and certainly managing rentals while working is possible as well.The last one, and I'm surprised no one has mentioned this - is market specific.