I created the following decision tree diagram to illustrate the decision process (click to enlarge).The above decision process is based on the property’s performance record, with the goal of achieving financial freedom in mind.Financial freedom is not just replacing your current income.

I think you have to ask yourself what you're trying to achieve by refinancing at this point.

Wow, that's a significant achievement!

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

Do you have a family member or friend who's achieved what you want to achieve?

Basically could say im a street kid who abandoned all the ******** and people from that life two decades ago and I desired more and achieved it both in monetary and goodness.

If you’re not paying cash for properties, get pre-approved for an investor loan to understand your available credit.Time FrameThe shorter your timeline to achieve your goal, the more upfront capital and credit you’ll need.End GoalMost investing goals focus on replacing their current income, like $5,000/Mo.

High occupancy isn't sexy, but that's what a good property manager will achieve, plus it's much easier to maintain a property with the tenant's money than the owner's money. 

So it became a long-term action of repeating that cycle to achieve decent LT tenancy base. 

Have you achieved your goals for the year?