Kudos... no no.. the exposed brick makes it cheaper.

Apparently I will not be exposed to penalties or fees since I was not the one who made the conversion back then.

@Matthew DrouinThat is a great position to be in.Now with regards to the refinancing options and how much you should take out, I'd say it depends on what your plans are.If you are planning on holding onto to that rental for the foreseeable future, you should stress test that property to figure out how much minimum income it needs to generate each month to meet your mortgage payments.That monthly would dictate how much you can conservatively take out after refinancing (and providing that you lender is OK with that too) without exposing yourself.Now if you have other deals that you want to pursue and you need as much cash as you can lay your hands on, you should take out as much as your lender would allow you to.Personally, I'd go for the option 1, especially if you have the  ambition is build a sound rental portfolio.

I wont have propane though .

You as a listing agent represent a Seller, who may or may not have a building suitably zoned for plant husbandry (which varies greatly state-to-state); if you source a ready, willing and able Buyer who happens to grow or otherwise manufacture marijuana products what where are you exposed from a legal standpoint?

Before being exposed to marketing and sales I sometimes felt like I didn't like the 'tactics'.

It can even expose you to IRS penalties for non-compliance.

I think its a great way to learn, especially if you diversify across many assets so you are exposed to various facets of the process.

Both doors are exposed to Wisconsin weather.The service door to the detached two car garage has a lock on the entry knob but no deadbolt. 

@Russell HolmesThe unlicensed brokers that believe they are entitled to break laws, the narcissists that believe they are the best answer to distressed sellers, etc hate my posts because they are FACTUAL and expose the illegalities so many of them practice.