I do this because I am acutely aware of how financially stupid I was with my money in the past, and how throughout my life, I've developed bad habits and negative attitudes towards the very things that matter greatly in terms of success as an investor and entrepreneur.

Other than closing costs are there any negative impacts to refinancing a rental property?

You'll most likely see appreication, but the heavy negative cash flow would offset the upside in my book.

I think the tone is somewhat negative, but I agree with the overall approach.

Just statistically, the chances of an individual with a prior record to be convicted a second time, is much higher than someone with no record. 

I'm not sure of how much I should be asking for as a return or if I should be asking for a percentage of the profits (as it may be substantial) and how/if I can protect myself of any possible negative outcomes.Thank you for taking the time to read this and many thanks for any replies.

If I kept it as a rental (after 70% refi BRRRR) the mortgage would be the rent, I'd negative cash flow Maint, CapEx, Vacancy, and self managed.

I know in the worst-case scenario, if spend money to make the repairs I can pull a HELOC/ private loan and in the long run the benefits outweigh the negatives and all the expenses (as this is an investment).

At first glance, this sounds like an imputed interest problem when the IRS reviews it and sends you into negative cash flow.

I've no doubt in my mind that the particular staging went a very long way to sell that house as fast as possible for the highest dollar possible.I guess I'll tell one more story about my experience with Marcus, one that I'm a bit reluctant to say because I have tremendous respect for him and would never want to say something negative.