More recently I have been trying to think of ways that I can escape the "rat race" that Robert Kiyosaki writes about in Rich Dad Poor Dad. 

We are already into the year so it's a race to get it all done in time or well before time.

This is not a race..... :-)

I bought this duplex to house hack to free up cash for my racing hobby.

I'm very interested in real estate investing so as not to have to worry as much about financial security/retirement, but also to get out of the 9-5 rate race.

After the 2 year "has to stay primary residence clause" (which is met this coming Feb) this property would be my first rental in the area, and utilizing the cash out refi, would give me the money to move into my next property without any extra out of pocket money.I'll be sure to come back and update this for any newcomers that want to hear from beginners or are still in the "learning before you leap" mindset.I'll list the purchase info and criteria as well as the rental potential in the area and the cash out refi results below.Initial Purchase:3 bed / 1 bath / 1000sqft / 0.46acre / built in 1980 - Appraised at $140,000 in Johnson City, TN - Feb. 2020Credit Score at the time: 648 (This was a focus of mine as I had been repairing previously damaging years in my early 20's)Purchase Price: $132,000 using an FHA 30-year loan at 4.625% / Closing costs from me $4,666.63 / After all fees and closing starting mortgage amount was $129,609.00 / Monthly Principle, Interest, Escrow (Insurance, Property Tax, Mortgage Insurance) payment: $869.12Rental Potential:Johnson City TN is home to East Tennessee State University and close to Bristol TN for all you NASCAR and drag racing fans.

Got me.I do work on my Vrbo, I even mow the grass on a riding mower for that house.

I have a horse that I’m conditioning to compete in an 100 mile horseback race within a year or two(which also doubles as my gym/workout).

She started the day I arrived in Afghanistan.It was off the races from day one.

Everyone raced back to find it but never the creek was never located.