I am open to other creative capital raising methods except syndication.

Second, I don't know anyone personally who has SHOWED ME how it has worked out for them except in a one-off scenario, so the repeatability of this strategy is somewhat suspect in my mind. 

If it’s your primary residence, you might get an appraisal exception, but the cash out might deny that...I’m not sure.You can check rates on AIMlOAN (google aimloan rates) by putting in your loan info and can change scenarios to see difference in rates between refinance and cash out refinance.

With the exception of maybe Lake Las Vegas (still in Henderson) you'll have relatively quick access to freeways, airport, the Vegas strip, and much more.  

Looking at it in hindsight I should have requested several things including exceptions during pandemics, the credit score minimum I require for placing a tenant, the exact security deposit, and how credit and background checks are processed.

I believe that having a business plan, formal or informal, is vitally important to helping you achieve your goals.

My “facts” are not all obvious and there may be some exceptions, but in general they are very likely.Good luck

Except Wayland having 0% crime, other places have high crime records that worry me.

So much so that a common exception found in commitments and policies reads:"Any rights, claims, or interest of (the mortgagor) in the land or any claim that the foreclosure by (lender) is invalid."

This is from a property she owns free and clear except a few years back taxes.