It takes no time for uninsulated pipes to cool from 120 F to 85 F. I

Let me be more specific - unless an owner intends to do a cash out re-fi and buy consumer goods (because this homeowner is probably not of the investor mindset) then equity swings are really irrelevant because they cant use equity to buy groceries.

But I do want to quit my day job(this rental should make me FI) and start managing my property business full time.  

Hello @Kimberly Harten :It seems that you could make the down payment on the contract price of $120k ($18k), then once you close, re-fi at the ARV to extract your equity or get a loan on the excess equity.Bob

I will be FI as soon as I move back into one of my rentals, but I'm still grinding it out in corporate since I have a high paying job.

@Guac F. I

Originally posted by @Edward F.: I put 26k in Rehab because i just remembered that Central Air and Heat needed to be installed.This makes me wonder what else is being missed in the repairs?

Karen F. I

Hi Will F., I can help you with what you are looking for in either areas.

To analyze last months books and get the total numbers for the month. 2. figure out a way to make my relationship with my significant other stronger 3. keep working and educating myself on FI and how to achieve independence while helping others reach the same goal.