can you afford it?  

The fact that our current rate is only 3% doesn't help the refi situation, as we probably would not be able to afford (or would at least struggle to afford) the payment on the new mortgage with the higher rate and principal.I think the best way to max cash flow would be with a small multifamily that needs moderate rehab.

I ultimately decided to look out of state where the price points were more affordable and the numbers made sense + landlord laws are more friendly. 

But both should only invest what they can afford to lose.  

As home prices or interest rates increase, fewer people can afford to purchase homes, forcing them to rent.

I’m struggling to see how I can afford to get into a second house with my current DTI.

Get the biggest house you can afford and rent the other rooms out to military with BAH.1.  

(particle board vs wood) We have bought entertainment centers on Amazon which have been well made.

Also close to shopping and entertainment.

I am also priced out of the NY/NJ market and I am interested in Cleveland OH due to more affordability.