This house had 12” of water/ice in the basement... there’s a nice sump pump set up just sitting there with no power...

Newer appliances, free nice laundry, 2nd floor, yard space, storage, clean bathroom, included heat, installed window A/C.Appraisal suggested the unit was worth 2,300 a month, which I felt was a bit high, so I listed it for $2,150 with no move in fee and a 2k deposit.

I've got a cleaning/replacement sheet.

@Devon Shives,Your situation has a lot of potential, but here’s a thought: A cash-out refi could work if you’re confident you can use the $30-35k effectively for your next property, but the higher rate and payment might indeed limit your borrowing power for another mortgage.Consider these alternatives:1.

Plumbing: The plumber spent hours cleaning out “flushable wipes” from the pipes.

Over the last (3) years I have seen some extreme cases of expedited equity where an investor buys an older home or "Ugly Inventory" and then bats clean up on the ARV in 12 months.To give you an example I helped an investor refinance her home in 2023 pull cash out to buy a $65K home all cash.

In 2019 my mission beach units had average revenue minus cleaning of ~$80k.  

And the power of leverage will bring me generational wealth in about 10 years.

More power to you if it works, and as you said there isn't any one way of doing this.

It puts the brakes on big power company’s power.