Also, I’d would test the water with a really low offer, and make sure you get your due diligence done.

My place is in downtown SF, when I charged lower, I got party kids finding beer bottles in trash along with condom wrappers but once I raised the price along with great ratings, I got working professionals and conventioneers which are never home because they were here to work.

@Matthew DrouinThat is a great position to be in.Now with regards to the refinancing options and how much you should take out, I'd say it depends on what your plans are.If you are planning on holding onto to that rental for the foreseeable future, you should stress test that property to figure out how much minimum income it needs to generate each month to meet your mortgage payments.That monthly would dictate how much you can conservatively take out after refinancing (and providing that you lender is OK with that too) without exposing yourself.Now if you have other deals that you want to pursue and you need as much cash as you can lay your hands on, you should take out as much as your lender would allow you to.Personally, I'd go for the option 1, especially if you have the  ambition is build a sound rental portfolio.

I've not tested multiple agents yet, but I imagine it would turn out like you describe.

If no sewer, has the land passed perc test for septic?

I posted that I am looking to purchase a home for cash...Not sure if this is the norm, but my first reply to my post came in today which simply stated:her name.. the addresses of her 2 properties and her email along with the sentence"looking to sell 2 investment properties"Now I'm not sure if this is the norm to get emails like this... which ends up becoming misleading... or is a true lead.I don't want to celebrate this small win of mine just yet.... as I'm not sure if I am missing something here.To be honest, i JUSt started getting into wholesaling and I am looking to test the waters on Craigslist. 

If I own a multifamily home that was built before 1978, is it required that the property is tested for lead based paint?  

BTW, you take the course, pass the course test, take the state test, then you have to join a brokerage, then you can join the realtors association/MLS.

I recently started testing Podio as my new CRM and now I want fully migrate on it.

Test things out with $5 here $10 there and see what happens, and watch the data.