The tax typically does not add up to much and will be less than the amount of boost in return that leverage produces.  

Use Experian Boost from the Experian credit report site to use things like your cell phone bill being paid on time each month to improve your credit and your rent being paid on time.

@Ronald Cooperman with that many units, your life will change DRAMATICALLY if you get off Excel and onto a proper management software suite.

You'll dramatically improve your chances for success if you have a GC invested in the projects overall successYou'll also want to get a good realtor who can advise on whats popular in your market for finishes, color schemes, ect  Last but not least, find a great home stager and stage the home prior to selling. 

@Joe Prillaman I am going to rent out your "struggling" Airbnb and help you boost the ratings.

At 80% ltv our loan amount is going to be be 880k and in the jumbo category (which dramatically increases the cost of loan)Our goal is to cash out as much as possible, so we can moved out of this property, have a cash flowing deal and do it again, but don't know what to do, and don't want to pay the steep prices of a jumbo loan.

Secondly, a large majority of investors will try to boost cash flow by having their agent raise their deductibles but that is personal preference. 

I don't think they would spend all their money that way (though I get your point politically), but what *would* happen is the frequency of rent not being paid on time, or at all, would jump dramatically.

If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.Best to scale your equity as much as possible. 

Or use the sale to take advantage of advantageous financing that will boost your return?