If you want to maximize cash flow quickly, while keeping the tax benefits of actively managing your portfolio, consider a mix of passive investments into large syndications with a few deals you actively manage on your own through a separate investment management vehicle.

This was a great way to ease into owning a rental and also provided a vehicle to leverage a FHA loan at a downpayment of only 3.5%.  

The execution would allow me to have a sheriff or constable seize and sell assets like vehicles of bank accounts to satisfy the judgement. 

This weekend I received a letter from the city government saying one of my rental properties has an non-operable vehicle in front of it, because of flat tires and expired license plates,  the letter states i have 20 days to fix it or will have to attend municipal court and will receive a fee up to $500. 

My first real estate deal was with a slumlord (it was academic and not precisely for profit or more of a throw-away deal for experience). 

You can sit in your vehicle drinking coffee (and eating doughnuts), listening to the radio.

Following a big mindset shift I discovered Robert Kiyosaki, Bigger Pockets, Brandon Turner, David Greene, Grant Cardone, Kris Krohn and the list goes on and on I couldn’t stop reading or watching their informative videos all day every day for months being unemployed that’s what I did while also working a seasonal job on my girlfriends fathers food truck for some income learning everything I could about investing in real estate and the secrets of the wealthy knowing that this was it this was the thing that was going to be my vehicle building wealth and financial freedom!

Instead of a refinance, why not do a HELOC with that equity and then you'll have that equity ready to tap into once you find a property or investment vehicle.

A good strategy would be buying on payments and securing the rights, then refi the contract as a cashflowing vehicle with traditinal- ish financing

With that being said I've decided to use real estate as a vehicle towards early retirement and financial freedom.