But it's a gamble, could work, could not, most likely won't be how you expected lol.Renting rooms might make more money, but again different challenges.

It's quite a gamble.

It also makes a HUGE assumption that you can access this gained equity through refi at the same rate as when you started the loan (highly unlikely and as I stated, math is math and statistics are statistics so why gamble on an unknown factor!).

Not worth it to me to gamble in the winter only for it to come out poor because the weather didn't cooperate.

With your fraudulent proposal, you've even further reduced your cash outlay, giving a very high cash on cash return.

You are gambling in an arena with a hefty anti.

Maybe see if they have a two- or three-month trial period and take the gamble. 

It is a risk, a gamble, but it might pay out. 

Not unless you truly enjoy gambling. 

Sure they can but my word of warning is... it's gambling not investing and you set the limit you are willing to lose before you roll the dice.