However, if you’re interested in maximizing your investment, multifamily properties offer multiple income streams and economies of scale.While current interest rates are a factor, the favorable conditions in Memphis may make it worthwhile to invest now.

Hi there,It sounds like you've built an incredibly diverse and successful portfolio, balancing multiple streams of income and managing your own rentals, which is no small feat.

Why kill that income stream with a refi?

I hope to never sell this cabin (nor likely any of my others), as they are providing a lifetime stream of income, a place to vacation, and will do the same for my kids and their kids one day.  

Your outdoor setup reminds me a little bit of this classic movie scene:https://www.youtube.com/watch?

People gets locked inside factories in China to prevent thefts like they did  here in the US in the 1910s.Please keep in mind IF we all support oligopolies, the download/streaming business can end up like the internet server provider/cable business, where you and I have no real choice anymore.

I'd offer to buy the tenants dinner and a movie on his behalf.

@Nicholas WhelpleyTo assess a property's potential beyond the 1% rule, consider factors like cash flow, market trends, income streams, house hacking benefits, risk management, long-term vision, and professional advice.

Income approaches (direct cap) are most relied upon in MH parks because the buyer is buying them as an investment and its the income stream that you are essentially buying.

A buddy of mine used Prop Stream and seemed to like it.