BUT,  It's just a matter as to whether the costs outweigh the benefits.

You have to weigh it and see if the extra costs incurred by refinancing outweigh having the cash in hand. 

I was only trying to point out the repercussions, which far outweigh any house buying opportunity. 

But ultimately we would all agree that the long term benefits will always outweigh the short term.  

Since are doing about 2 flips a year, the time we aren't "strung out" with regard to capital I've found that NOT paying a note that month(s) outweighs the benefit of a fixed rate.

How is it possible to outweigh the challenges that come with the types of tenants who live in war zones?

And are they enough to outweigh the advantages?

A lot won’t take that risk and if you find one who will I would bet the increased rent will not out weigh the insurance expense.

Unless there is some reason to believe the area is going to experience growth, and enough growth to outweigh the massive overbuilding in the tourist areas of FL, I think I'd be inclined to be rid of this.

These folks are full time, possibly part time investors that have enough capital to back up their investments and truly understand that what they put out in management fees is far outweighed by appreciation and tax breaks.