I'm trying to figure out a way to utilize a large storage building at one of my MTR listings in Memphis.

I have grown insanely skeptical of BP over the last 5 years, yet somehow I am trying the lead generation for both property management and now as a featured agent.

@Zongfu LiWhere are you trying to refinance (what state?)

Trying to decide if we should use a home equity loan for the remodel, do we need to put current home under LLC to help with debt to income ratio & would that affect getting the home equity loan?

Try to talk to a lender or two to get a real concrete idea of what you can do.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

They will pay a higher mortgage payment because they are not trying to cash flow.

Trying to stay as affordable as we can ideally. 

Trying to decide the best move for myself.

This will really those trying to house-hack.