It is tax free in the sense that you will not owe taxes today on the cash-out.

How much should I consider the impact to the higher interest rates of today?

We signed P&S agreements on 6 different properties totaling 20 units approximately 8 months ago and received a call today that the price we thought we were buying at has to-be increased on average 13% due to the increased cost of construction.

I suggest submitting offers where the numbers work today.

If the property sold today, after 1% cost of sale there's only $2.5 million in cash coming from that sale and that's assuming that there's no exit fee on the loan and no outstanding payables. 

With today’s technology it’s certainly  possible to manage an OoS property (and many investors do).  

Think, how many people do we have today that are famous simply for being famous?

Some of their staff that I worked with actually managing my houses and doing the day to day work were fantastic.

Virtually all agents today list on MLS, do email blasts, list on their own and / or brokers web site and list on commercial web sites (e.g.

Caution:  Personal credit card financing is a huge risk and good luck finding 0 percent interest today.