Our plan was to rent it for 3-7 years, and then sell it, before a roof, HVAC, plumbing, or even much flooring was in need of replacement. 

@Huong LuuIn my opinion, presuming you need the money - it is better to cash-out refi the property.  

Quote from @Evan Polaski: @Dave Cali, while tend to agree that office will come back, from a higher level I am not sure how much interest you will be getting from these forums.  

You will need probably 20% of total cost (Not including financing costs. 80% LTC) as the down payment.

I do not worry much about "hurried or sloppy work" because it is also in my contract that all work must pass inspection, which may include the city / county (for permitted projects), lender and myself.

I have similar questions to Joe; are you expecting too much from a requirement stand point (aside from the alcohol)?

They yield results, but I understand a lot of other people have jobs where they cannot spend so much time on their listings. 

Hello Arion,If you end up following through with this and need help on a loan, feel free to send me a DM or email!

They offer affordable coverage and make the often-confusing world of insurance so much easier to understand (which, let’s be honest, can be a headache to navigate 😅).

We also have programs that can close in 3 days or less if you need speed.