Couldn’t this potentially add massive liability if someone was hurt on the property?

I found myself in the beginning feeling "good" because I spent massive amounts of time "learning" but in reality spent little time "doing".

Maybe the tenant isn't going to cover PITI but you won't have massive cash-flow burn (relative to your W2) and your tenant is paying down some of the mortgage. 

Warren Buffet said, "It takes 20 years to build a good reputation and 20 minutes to destroy it or build a bad one".  

SFRs have gone through a massive appreciation cycle as well. 1031ing is popular. 

About to pull the trigger.After a year of education, dabbling, and talking with hundreds of investors, wanna be investors, and sellers, I'm taking massive (imperfect) action.

hello mitchell,ed reid here ,as it pertains to refinancing ,thats a good idea 1st of all  you will be able to pull some cashout and hopefully reinvest it in another project,being that you developed some expertise in your intitial remodeling efforts,this in my opinion has set the stage for  you to start building your real estate portfolio ,the lending environment is very laxed meaning you can acquire financing for  real estate investment , there are some tremendous financing program that allows you to acquire property to rehab and flip it or keep the property as a rental,and the really exciting part is that when you refinance the property you will be able to recoup all or the vast majority of  your initial capital,utilizing this technique will allow you to realize massive cashflow because you will repeat this formula over and over.have a great day everyday doing it gods way!

TAKE MASSIVE ACTION.

But I never trust anything that says "We're only 1-2 years away from a massive crash!!!!!!" 

@Brandon TurnerWell after almost two years of learning and running into walls I can accredit the 90 Day Challenge Podcast that Brandon did to lighting a fire under my *** to really take massive action and me realizing my first deal.