Then feel free to make a more informed decision. 

If you can learn to understand the fundamentals of a given market you can make informed investment decisions. 

It took a long time and renovation to get it back to where it was.This is our first investment property and it’s just gone so poorly.

(@Jonathan Greene DM us if you'd like to chat about them)Regarding turnkey in Metro Detroit, haven't seen anyone do it the right way:( We've picked up dozens of their clients that fire them due to poor tenant performance and nonstop repairs on their "turnkey" properties. 

Poorly ran and refusing to give any type of refund. 

The decision about the cash out refi all depends on the different terms from the lenders.

Still not 100% on the route we'll take on our fist project together, but I like to know as much as I can regarding all of my options so I can make an educated decision. 

I went to the 3 day Rich Dad Poor Dad event in March of 2015.

I have to decide if im going to use a new injection of capital from the sale of my primary residence to:1) Hold in treasury bills at 4.5 percent until I find another property to purchase2) Pay off one of two existing mortgages, one at 3.75 percent and another at 4.5 percent3) Just find something to buy that beats either of those percentages on paper and be done with it4) Possibly loan out some hard money/broker it to a friend to allocateIts never an easy decision, but its a good problem to have.

Not to mention that night I slept on the floor of that flip house, I could see all the work that wasnt done, wasnt done to code, and was done poorly.