Once you have plenty of equity, you can obtain a HELOC or do a cash out refinance to extract the equity tax free/deferred.If you hate being a landlord, hire a property manager.

Your time extracting the data from public record and updating it would create a position.

Under an LLC am I correct in understanding that you don’t get taxed on the profits that the company generates (and that we’d reinvested into the asset anyway) and only on cash that is extracted from the company as either salary/benefits or dividends?

Powerful stuff.Now I need to reread the book and see what other nugget I can extract.

For the carpet , I add some vanilla extract to the cleaning solution and I use a old rental carpet machine I bought .

I'm hoping to extract as much info as i can from the pro's on here, and maybe even find a mentor who will allow me to pick his\her brain.

It has hundreds of questions designed to extract the seller's motivation over the phone.

Ultimately we would like to leverage into a home, so trying to figure out a way to extract value out (vs. keep).

@Arron Robertson loans are expensive and keeping your payment low by not extracting equity will make renting the condo easier because you can rent for less if need be.

In fact, this flaw is so obvious, it blows my mind that so many appraisers stick to their guns and profess their adjustments have 1) been extracted from market data and 2) they are reliable.