So you probably will still have 5-10% out of pocket on the refi.I'm sure that there are people that will tell you it's possible to be all in at 70% LTV consistently but my guess is they either 1.) did a partial rehab and will have substantial deferred maintenance down the road or 2.) did the majority of the rehab work themselves and hence derived additional equity from their labors or 3.) are buying in lower end neighborhoods where 30% equity amounts to only $7-9k. 

The goal here is to add something that people want to see and/or derive some kind of value from. 

Work and derive your income in WA ( Vancouver)  Like many airline pilots and there is no state income tax.. then cross over to ORegon and shop with NO sales tax.. properties tax's about the same. things going for it..

Also, each state will have various truss called some derivative of "pooled trusts" to transfer assets into that are exempt, but their are pros and cons of those, and other lawyers like to use the combination of revocable and irrevocable trusts and combine them both and then use long term care insurance during the look back period to cover them.

@Redeidre EdwardsAs @Lance Lvovsky already suggested, it depends.Assuming you want to manage your money yourself and not through a financial advisor, the primary question is are you going to be a passive investor or are you going to dedicate a few hours (minimum) every week to learning about equities, bonds, derivatives, market cycles, and how to properly value equities and bonds?

@Adam Higginbotham200k should be sufficientHere are more detailed map views of the places you listed (the colors correspond to the areas risk score, which is a composite metric derived from eight different risk indicators)Gresham ParkGrove ParkDecaturSouth Atlanta Simply put, the better the grade the fewer risks you will encounter (Vacancy, Property Damage, Non-Paying Tenants, etc...) 

I acknowledge that "vacation home" is not the same as an investment property, but they did consider cap rates as part of their calculations: https://vermontbiz.com/news/20...In case the above link doesn't work:VermontBiz.com Most buyers in our market, however, do not purchase for pure investment purposes, as better cash flow can be derived in any number of other markets - as Mark pointed out in his reply.

You want to protect the benefits derived from using the LLC

So develop an operating proforma to derive your NOI and apply a cap rate that you are comfortable with/rate of return you are expecting.

The rest are derived from the REAL numbers and even those become less meaningful over time.