I think one of the biggest risks you face with Cash Out is interest rate risk.It's really difficult to predict where interest rates will be in a 2-5 year time period, so it can also be challenging to model out future mortgage rates.

I think it's the best way to A/B test the potential.

Quote from @Torianne Baley: Hi George,Do you mind sharing the lender you found who accepts the 500 credit score and will loan $300k There are lenders out there but the risk is very high so your rate will be 13-15% plus the loan to value will most likely need to be less than 60% (or even 50%).

Congrats on the potential drafting - that's huge.

I like the potential of AI to streamline our real estate investment processes.

Or should I just have them install another meter for the third floor to avoid any potential issues going forward. 

However, keep in mind that tying your primary home to an investment carries inherent risks, especially if the flip doesn't go as planned.

To beat 5.25% mortgage rate....the corresponding, offsetting stock market return would be at least double that...To answer your question requires (1) knowing what risk adjusted return you will be able to earn in the future (2) knowing what interest rates will do in the future.  

I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build.

Research comps in the Milwaukee area or connect with a local appraiser to estimate your property’s potential value.Depending on the rental income, you might explore DSCR loans for your refinance, as they rely on property performance more than personal income.