The properties should be similar in style, design and size.If you have a payoff amount of 80K and you refinance for 100K, the 20K delta can be used for whatever you want to use it for. 

HS RE Investor Meetup is having its monthly meeting tonight at Smoken in Style at 6:00

Could you possibly clean it off with razor style floor scrapers?

You could explore another government style loan on the other properties, like Fannie Mae or Freddie Mac, but they would also be 1 loan per property.  15% down minimum though on a single family home. 

If you have 5 properties with 5 separate management teams in 5 different states you’re going to have to file loads of taxes and keep track of 5 different management styles which will become a full time job.

We purchased several units that are in a Co-Op style property.

We purchased several units that are in a Co-Op style property.

@Sunny AlexanderI haven’t but I know if similar style apps where they have to sign in and have all their check in info and code info on it.

@Shweta ShuklaThere are few good turnkey provider companies here, mostly just turnkey style deals you find using a good investor friendly realtor that are vetted by a property manager and contractor walk through.Your “turnkey” aspect really will come with finding a good property management company that meets your style and is an expert in your local market you want to invest.Columbus offers a lot of good hybrid appreciation/cash flow turnkey-like houses at the 1% rule in C class neighborhoods.

Does anyone here invests in these style homes for flip or rent?