If you are concerned about a 1M umbrella that, makes me think that your current policy is way too low for 10 houses.

The Phoenix real estate market continues to evolve, offering both exciting opportunities and unique challenges for house flippers.

You could also consider an open house showing. 2-3 hours on a weekend may allow a number of the people who have called and are interested in the property, to come in and all have a look as their time allows.

This would update the house and consolidation our loans, but we are trying to get out of the middle class trap so we want to purchase our next rental property.

@Jordan BrownAnother vote for house-hacking.

How high can housing prices in the City of Detroit go?

I put in two layers of rockwool + 5/8" drywall between my basement and main level, and was so glad I did it.

Houses are mostly at least 450K in the area.Thanks for any insight!

I've been house hacking for two years and for the first time I'm gonna be renting out the whole house and moving.

I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will run $300/sqft and going in with the assumption that phase 1 will run 750k (figure the expansion of the house will have to wait) for the gut reno.I assume/hope (but definitely not banking on) that I will be able to refi in 2-3 years at a lower interest rate; if not for a lower rate.This will likely be a family home for the next 5-10 years at LEAST so investment value isn't quite at top of mind ATM.Questions:Even if it's not for lower interest rate, do you feel it's advisable to refi to remove the 203 loan in the future?