We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.

Prohibited transactions can result in penalties and disqualification of the Solo 401(k).2.

I don't have a good understanding of your desires or what you are seeking.  

OH is one of the states where lenders sometimes require that you buy out the prepayment penalty, which in turn will increase your rate and make it more difficult to cash flow.

It's good you're seeking advice and educating yourself!

To get to the ARV of $250,000 , I am assuming as follow:Because you spent $15,000 in renovation, I am assuming you increased the Initial value of the property at 30,000 bringing it at $230,000Add a 8.69% home appreciation for one year $20,000Estimated Home Value After 1 Year:$250,000Refinancing Breakdown:New Home Value (Post-Appreciation): $250,000 New Mortgage Amount (80% LTV): $200,000 Existing Mortgage Balance after 12 months: -$158,035 Assuming 3 Months Interest Penalty for Breaking Existing Mortgage: - $2371Total Cash Pulled Out: $39,594, allowing you to recover to pay a portion of your initial investment of $63,548, leaving $ $24,015 in the deal.Many new investors mistakenly believe the BRRRR strategy ends after the cash-out.

Property Managers come in all shapes and sizes, I tend to recommend seeking a medium size local company. 

Then you can determine whether or not to hang on to that one or seek something somewhere else.Even the decision to move into other asset classes like equities or whatever will need you to factor in the loss of investing capital in the form of capital gains tax (plus 5 years of depreciation recapture). 

The fees for a refinance / cashout would be ridiculous compared to the amount of money you're seeking.

Readers should seek professional advice.