I was thinking of pulling the trigger and going with that purchase.

That said, Columbus is a stable market with high demand across the board...all supported by any metric you care to consider...it's a challenge to find the perfect deal, but if you are prepared to pull the trigger and broaden your reach by building your relationships and networking something will turn up.

The problem there is that you will be out of money to invest with until you make and save more, or pull equity out of something else.

Everything was done by the book with permits pulled.

My hope is that it wont crush me when the market DOES pull back, because it will.  2.

Should we refinance that property and pull out the equity(BRRR) that we want or should we use the bank's line of credit? 

Sometimes PM groups have software that can help pull comparable sales information (CoStar & Yardi). 

That way you can pull all of your money out.You need to do a full rental analysis.

A family member is also a real estate agent and would provide me with the 3% commission on the purchase of the new properties, minimizing cash outflow on the new properties.So my high-level thoughts are, I could downsize and buy two properties, which would reduce my monthly living expense by 1) a smaller primary note and 2) income from the MF offsetting a portion of the primary note, and at the same time I would be able to pull the equity I have built up in my current home, plus my current cash on hand, to further invest after the dust settles.

No verbiage says there’s anything about me accepting a violationI'm not referring to the deed... pull the sales contract and report back on what it says regarding property condition.