For some people, cash flow is the cake, appreciation is the icing.

So maybe that's stacking savings, maybe paying down debt, improving FICO, or maybe it's raising capital, whatever, the details don't matter because there is 101 flavors out there, all that matters is what is your 1-Thing NOW, do that, THAT alone, with fanatical focus like a fat-boy on cake!

You trusted someone else to put in a SimplySafe system (which is cake to install).

From a rate perspective, likely is not close to making sense at the moment, would need rates to drop further, however if value has increased and you are looking for cash-out, that motivation (any lower rate as icing on the cake / secondary concern) it could make sense to look into

The key is finding something that works today, and the potential tailwinds in the future are icing on the cake. 

Cannot eat the cake and have it, too.4.

It's supposed to be the icing on the cake, not the cake.

If it's a long-term renter, it's a cake walk if the property is updated and you will save 10% a month.

As a realtor who just read everything you and everybody else had to say; my suggestion is that you list the tax exempt home at a price slightly above market value.I say this because though the money would be nice to take some pressure off, it seems like making a little more money in a hopefully & currently less competitive neighborhood would be the icing on the cake to make it all worth the considerations.

You cannot have your cake and eat it too.My suggestion for passive investors is to play it safe, get low risk B investments, take good care of your properties and play the long game.If you are an active investor who can buy or rehab residential, or you are comfortable going into industrial or retail space, those can be great investments.