Value add could be as simple as buying a house with 5 acres and lotting off some of the acres.3.  

Cash out refi than Selling: I have a rental property I owe 60k, appraised 220k, I can get 168k cash out and pay off the 60k to have 108k in cash… now if I turn around and sell for 240k.

@Chuck WardI think what you're saying is, why wouldn't you use a HELOC to pay for a BRRRR - purchase and rehab - and then just use the rent from the BRRRR to pay off the HELOC?

Your post points at is the benefit of getting deals off market.

I am 99% confident that the loan was not fully paid off. 

Just looking to see if this is the expectation nowadays or am I way off on having RentRedi handle this for me. 

So yea getting a couple of those properties off there hands would be ideal.

The best part of investing in the US is the ability to write off the majority (if not all) of your tax liability on rental properties if you have the right strategy. 

Hi Everyone, I'm getting into the real estate investing world and looking to start off with mobile homes.

Your Attorney would love to sell you stuff you don't really need.If you don't operated this 100% correctly someone intent on Sueing you will just pierce the corporate veil anyway.You are much better off taking care of your properties so no one wants to sue you, having correct STR insurance and you can always add an umbrella policy for a 3rd layer of protection.