Thank you so much for the feedback & insights on furnishing.  

The only reason to do a cashout refi is to replace expensive debt with cheaper debt or use the money to purchase more investments that make more money than the cashout refis debt service payments.

This place has been a wealth of knowledge to many, and I hope it is to you as well. 

As you do this more often, you'll be able to keep a spreadsheet of per square foot prices for materials and labor to get things done and you'll be able to estimate this yourself.

What's your take on purchasing cottages in RV parks for rentals?

Like @Jay Hinrichs said, it's just cheap insurance..... my clients that buy my new builds will do sewer scopes as well.. we have not had any bellies but we have had debris and rags etc stuck in them.. better to find them up front than to have a back up in a brand new 750k home LOL..

I've only owned a couple sfh am middle-aged and not sure I agree with flipping sfh at this point to create wealth, time freedom and passive income so I have been reading and there seems to be a lot of talk with multi-families and more specifically apartment investing.

Will this cash out has any tax implication on the 1031 exchange already completed?

Those who are here for a specific purpose like finding deals or raising money typically struggle because the more people you help, the more people are willing to help you.  

Great insight!