It feels like kitchen cabinets have increased insanely.

All of the above going well: Great job, but if you're getting blown up with requests and showings and applications it means you probably priced your place too low and you should consider increasing the asking the next time. 

Because if you did pull out equity to repeat, you will increase your payment on that property and that $600 cash flow will evaporate.

Good opportunity to increase income and boost returns as seen in my data.

He goes all out for guest experience though, well above the average host with car service, butlers, constantly upgrading amenities.For me it keeps coming back to a simple fact:  to beat the average, don't be average. 

In fact, when rates decrease, it often stimulates increased demand for homes as more buyers enter the market to take advantage of the lower borrowing costs.

Even if I increase my rent, I figure it will probably take 4 to 5 years to recover the 8K as well as a couple of years to cover the lost rent.I will look into the lease option. 

To have increased cashflow to live on, you should have little to no leverage. 

-Tips from veterans who have done similar things-Suggestions on VA loan providers to go through- How to find a good deal in my area- Basic real estate language-How to find and keep tenants -Fixing up property to increase valueIf anyone has suggestions outside of these topics, I'm all ears!

To answer your question any property can cash flow if you increase the DP.