She gets to move, I don't lose out on rent.But she don't want to let people in the house for that also.She has damaged the floors (last year) which is a $900 repair.

Unfortunately, I think you'd lose this battle and are probably better off fixing it.

and people mis mortgage payments this does not mean they are goign to lose the house in a full blown foreclosure.the notice's to warn the borrowers became federal law about 2011..

.- Still risky overall, what if the buyer loses his job in 3 years for some unknown reason, he won't be able to refinance at all.

And if so what happens if the market crashes and you lose that money.

But you can end up losing a lot of the value of it if all your doing is diluting your equity so it splits between a not so good rental (the one you refi) and a good one. 

Basically you need investors who have a lot of cash parked in a money market and aren't sure what to do with it --- the stock market is volatile but they know their savings are losing value every month because of inflation.

We are worried that college education funds could negatively impact our ability to obtain college financial aid, particularly if i quit/lose my job/retire prior to our kids going to college.  

I make a great Return on this rental so I would rather lose 100$ a month to a cleaning service and keep the Tenants that are otherwise great.

I'll lose the $450 in monthly cashflow - but I can take $80k and buy a $400k property with it.