You can't refinance the property since you no longer own it.

For a relatively "safe" creative financing, one needs serious reserves (lots of moolah) and the ability to sell or refinance quickly when one of those "hiccups" occur.The gurus usually collect a large fee, from people who have neither money, reserves, nor experience.

The coaching calls have been adding real value to our business infrastructure to raise capital more effective and refine our processes. 

Also, after I do a 1031, how long do I have to wait before I can cashout refinance?

Areas like Aurora, Arvada, and parts of Lakewood or Westminster can be good places to look, depending on your budget and target tenant.If you’re looking for a base hit rather than a home run, focus on finding a property where the numbers work reasonably well as-is—cash flow might not be huge initially, but if you’ve got room to add value and refinance, you’ll build equity to reinvest.

We can later sell or refinance the loan to cash out of the deal.  

When contract is about to reach 5 years, i plan to make some upgrades on the property and ask for re-finance, hopefully pull out some equity and get a fixed rate mortgage.Let me recommend a backup with emergency fund (equivalent to 24 months operating costs).

You’ve given me a lot to think about, especially regarding refining my ideal PML strategy.

In parallel, I’m also working on refining my approach to property management by leveraging technology.

If you’re positive you can get in and out fast or refinance smoothly, maybe it’s a tool worth considering.