A unit within walking distance of the Blue Line in Wicker Park might rent for $2,200/month compared to $1,700 further away.10.

A property doesnt increase in value just because an STR is run successfully on it. its value on paper is based on the comparables in the area.

The fees for a refinance / cashout would be ridiculous compared to the amount of money you're seeking.

And there's so much more I don't know yet compared to what I do know.

If you compare it with growth from Stock investment you will be disappointed.

You can find comparable sales in 2017 and use that dollar/acre figure to arrive at the fair market value then. 

Compared to STRs and LTRs?

From the research I’ve done so far, it seems that South Carolina taxes investment properties at 6% which makes a tax bill quite high compared to a primary home.

Confirm that the warranty applies to the type of property you own and consider whether the annual cost and service call fees make sense compared to just handling repairs yourself or using your own trusted contractors.

We intentionally compared them against each other on different properties.