A cash flow study should be performed to ensure that the refinance does not drastically reduce the property's return.Good luck!

@Michael BaumI believe they noted to be another 1/2 point and down to 4.5 by end of year, 3.5 by end of 2025 and 3 by end of 2026.Again mortgage rates are closerly correlated to 10 year not short term rates - so we can see how that reacts and how investors price the 10 year to gauge mortgage ratesI think people think rates will drop tomorrow but the last month rates have been dropping knowing the fed was reducing rates

Anyone you hire is merely there to reduce the burden on you and make your life easier, you are still the one in charge always always always.

This allows you to get an RFC (tax ID) and report your income on platforms like Airbnb or others, reducing the tax rate to 8%.

Unresolved code violations, such as unpermitted modifications, could impact your ability to refinance or could reduce the property's appraised value, affecting loan terms.

Honestly it’s all about opportunity cost.If that additional cost is going to yield you more than it costs; then pull the trigger .If you borrow a down payment, it’s going to reduce your cash on cash return as your mortgage payment is increased. 

To reduce the number of turnovers/management burden?

Otherwise, shorten their term and get them paid out  in 12-24 months to "reduce" their risk.it sounds like you are trying to make an offer with this scenario. 

It also reduces the likelihood of price fluctuations based solely on seasonal trends, allowing for more predictable cash flow and quicker returns.Markets with minimal seasonality also provide greater flexibility for investors, who aren’t pressured to time transactions based on seasonal cycles.

For experienced investors, do you see a scenario where an investor would assume the properties at a reduced rate which would allow us to cash out and them the opportunity to earn some easy money while holding the properties.For example: Say if we wait, we will sell the properties for $1M.