Despite owning our primary residence (paid in full) and being invested for so long, I am realizing I know very little about hands on real estate.

Hey there @Javian Moorman - Did you ever end up finding a quality and cost-effective countertop contractor in Chicago?

Thing is this, they want multiple data to follow their trajectory, they think one indicator like inflation data is not sufficient to make cut decision, they are then waiting for the employment to collapse to start printing again as they want to make the pain in economy as long as possible.

So if a note investor bought this for $40k, spent $10k to foreclose and be in it for $50k and end up with a $25k property - they will not be in business long. 

First of all, you picked a great PM with WHM - Ed has been running a very good business for a long time! 

@Cody MunozIf you invest for the long term it is really inconsequential unless you are over leveraged.

Is short term rental is good investment near Universal Studios Frisco,texas

I would agree with this - its probably too soon / not economical to do a cash-out refinance at this point - options for freeing up equity would probably be best served via HELOC or something to that effect

I remember speaking to someone looking to do this sort of conversion in Scranton before and this is what they said they were coming across in terms of issues.

How did you prioritize and manage your time effectively?