If I did a cash out refi not only would it destroy the rate but there are other costs too in my area. 

@Anthony NewboldIf you take the doors and toilet I suspect they will "take" (destroy) your carpets, walls, and appliances.

First, it absolutely destroys your ROI.  

That will lead to more monitory easing which will simply destroy the dollar.

I derive a savage joy from living free in this messed-up world, surrounded by drones destroying their ability to build wealth in the name of keeping up appearances.

Most of that electricity previously came from the heavily polluting, coal-fired Navajo Generating Station which created a lot of problems for the Navajo Nation and was just destroyed a few days ago actually.

Willpower: John Tierney and Roy BaumeisterTaught me the importance of willpower: for achieving my goal, or at least proactive measures preventing me from destroying my goal.3.

@Leslie Fernandez Cons: More risk of ex-owner destroying the houseTime consuming to research and bid on homeYou should do title research on the propertiesYou must buy cashPros:You can buy houses for a discount

You'll get 3 years of enjoyment out of them before you rent out the property and if tenants destroy them, well, they destroy them.  

We had massive fires in northern CA in the past few years, destroying thousands of homes.