Thank you,Jerry Jerry, I recommend getting in touch with an experienced broker who can educate you on all the possible options in the investment space for cash-out refinances.

The biggest challenge seems to be finding lenders that offer these loan products which is where I’m looking for help from the community with recommended lenders that serve Texas.The Fannie Mae (or Freddie Mac) options are preferred over FHA purely because of the (perhaps perceived) limit on renovation funds that the FHA option provides.

Income, expenses, and distributions are automated and visible to all investors, minimizing the risk of manipulation.This model isn’t for everyone, but it’s a way to give people passive exposure to real estate without the complexity of ownership, while allowing property owners to raise funds without giving up control.Would you see this working in practice?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I’d recommend reaching out to see if any of them can offer a package deal for the sewer scopes you need.

Does anyone have any good recommendations for a good fence company in the Modesto area? 

Please recommend a lawyer who works with fixed fee and does not charge for every min s/he talks to you. 

At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

I use National Tenant Network to run a tenant score and recommendation.

I would recommend to partner up with an experienced investor to really solidify your numbers.