Spending a few thousand more on upgrades that will be durable, attract more tenants, and attract higher quality tenants will pay off in lower turnover and increased tenant reliability with decreased maintenance expenses.

When refinancing you’re usually going to increase your monthly payment and decrease your cashflow *on that property* unless you are getting a better rate and/or increasing your remaining loan repayment timeline, ie refinancing into a 30 year loan.

From this point forward, my equity value, although increasing in number, is decreasing in value.B - Both conditions above must be accomplished before selling...the order doesn't matter.C - Take the equity (now cash) and do exactly like you described...buy more property value and cash flow.D - Keep repeating this process until...Example:  $100k property1 - Buy with 20% DP = $20k. 

Theft, values, depressed rents, decreased ability to find a great tenant for your great new home, etc. 

It all depends on your goals and the lifestyle you are comfortable living, generally the more you can decrease the quality of your lifestyle with a house hack, the more it can cash flow.

When we choose markets; we look for a steady increase in population, a steady increase in jobs and a steady decrease in crime...over say a 20-year period.

Rate increases may slightly decrease demand, but I don't believe it will soften demand enough to make up for the lack of supply.  

Building wealth is not only about increasing income, but also decreasing spending.

This is another way to decrease the down payment.

Average Sales Prices were up 17 percent year-over-year, Days on the Market decreased 23 percent, and Months Supply of Inventory shrank to 1.3 months.New Listings decreased two percent to 13,678Pending Sales decreased seven percent to 12,525Closed Sales were down four percent to 10,761Inventory levels shrank 20 percent to 14,616 unitsThe Median Sales Price increased 21 percent to $320,089The Average Sales Price increased 17 percent to $369,678Days on Market decreased 23 percent to 33 daysMonths Supply of Inventory was down 23 percent to one monthLooking at the Housing Supply Overview – which takes a closer look at key metrics in relation to price range, property type and bedroom count – stark contrasts exist between single-family homes and townhomes/condos, and as well and lower-priced (199K or less) properties.Pending Sales were up for all properties priced $124,999 or less and $300,000 and above.