My income fluctuates do to my freelance work.I have an amazing credit score 799I tried to get a line of credit and got rejected from my bank.I now have an offer to refinance and get cash out for a total of $375K loan at 4.5% for 30 years (That gives me a bit more then $175K out)My plan was to keep my mortgage as is rent my place out to cover it and get a new multi unit to live in and rent.

There are some markets where the prices do not fluctuate at all.

Cost fluctuations have been challenging.

First off, it's not uncommon to sift through many properties before finding one that meets your cash flow criteria, especially in a market influenced by fluctuating interest rates.

There is no need to rush to pay off your rentals because the market can fluctuate and that equity can go up and down. 

Environmental Factors: Extreme temperature or humidity fluctuations during the curing period can impact the paint's ability to adhere correctly.In relation to thin enamel, if the enamel was applied too thinly, it might not have adhered well to the laminate surface, making it prone to peeling.

Market fluctuations will effect different parts of your portfolio differently.

Speaking about the peso fluctuations, you can see it as a negative because you might be concerned about the peso getting even cheaper or as a positive because the peso is at a historic low and you might therefore think there's more upside than downside potential.

Property management, tenant turnover, market fluctuations, and economic conditions are some factors to consider.

The trick is YOU are he one to take out the construction financing and the risk of long term interest rates fluctuating during the build time.