I am an insurance adjuster, so I can deal with a broken pipe or a shredded roof, I am more afraid of evicting my neighbors every month.

Every property will sell at a certain price, so if you're not getting offers and you don't see any issues, adjust the asking price.

I’ll share with you my number and the pro’s & conHere’s my number:$61k purchase ( got some adjustment for paint color -$2500 off)1.99%Monthly service debt: $719 + $122 ( insurance) = $841Rented for the last 4 months ( had 3 weeks vacations, therefor it was not listed for rent during those weeks) $4790/ 4months = $1,197.50.

They are way more profitable than multi family and you can adjust room rates daily to capitalize on special events or be more competitive during slower of peak times. 

If I have an owner occupancy policy on a rental, and make a claim will the adjuster know whats up and deny the claim?

I'm in Wilmington, NC and so far the best cash out refi I've been able to find is prime (5.5%) on a 20 year amortization but 5 year adjustable rate.

Tax history shows $14k/yr but then with the adjusted price of $250k it brings the taxes down to about $8.5K/yr.

Remember though, HELOCS can have adjustable rates so payments can vary.

When it first occurred to me and I started modeling I was expecting this to be a slight boost to my cash flow each year by maybe 1-2%, but turns out the year-over-year cash flow increase above the inflation-adjusted cash flow from the prior year is much larger and keeps growing from year to year!

The neighbor should have called the contractors insurance company, who would have sent out a claims adjuster and taken care of the damage.