I got scammed myself and after they repeatedly said they will refund me, they suddenly change their numbers!   

fix it up. then repeat. 

From ruins wrought with wear and time,I craft anew with plan sublime.Rent and reclaim in endless spin,Repeating cycles once again.A method veiled in night's embrace,What strategy sets such a pace?"

Does this affect a cash-out refinance or pulling out equity in the form of a HELOC/equity loan?

You don't want to repeat this situation.

This affects whether a property will cash flow.  

From there every 20 point increment affect pricing differently.

I’ve also considered cash out of state multi-family but doing multiple into one 1031 exchange on my first time sounds risky and stressful.Mostly I like the idea of selling a house here, 1031, then a cash purchase in the midwest/south etc (Then if successful, repeat).

These changes aren’t immediately reflected in official statistics but affect household incomes and consumer confidence.

So far so good, will see how the pandemic affects the overall business plan....you can DM if you have specific questions....