Should we cash out refinance out primary residence to pull more cash out or should we just use own cash reserve+ HELOC for next down payment and any extra fees?

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I'd be content with the house being no extra expense to me, managed by a property manager, and just letting tenants pay off the mortgage. 

I know of one for $200k that is about to hit and has available lease permits. 

What I am thinking is that once I have 3 homes I would be able to refinance using one of the to buy another home and add some extra cash flow. 

This deal is actually costing me a little extra money. 

Two of the Three complexes I own were rehabbed in 2015 with all major systems replaced and I verified with permits and contractor invoices.

We are going to drive around and start our search on Sunday, weather permitting, to get a feel for what’s out there.

@Calvin LipscombBy curtailing the duration of your inspection, the Vendor is essentially not permitting your diligence - which in your purchase contract should be worded as "inspection to your satisfaction".  

So for the extra month I had to stay, I renewed my lease for a year then gave them a copy of my orders telling them I was going to break it in a month.