I am planning to offer an equity position to a friend in a property I am currently in the process of refinancing.

The property sold for $154,900 on 2/7/25, delivering a successful outcome thanks to strategic updates and efficient project management.

So the property owner can never sell?

With the cash-out refinance, the new loan would be approximately $1.2M.I plan to invest the $600K into rental properties with a hopeful average cap rate of 10%,… the goal of covering the mortgage payments on the $1.2M loan as well as the expenses for the rental properties.Does this approach seem feasible?

And the hardest part of all this is finding sufficient labor to rehab/manage the property. 

Cost efficiency while enhancing the design and functionality of the property What was the outcome?

Unless you are getting a heck of a deal I would recommend avoiding a foundation issue property until you have a team of contractors that you can count on and can find out what the repairs would run. 

Property Sales AI which is an add on to the Left Main (Salesforce) CRM is amazing.

With proactive planning, they should be able to close on replacement properties within the 180-day period.

No, they don't find my properties.