@Ryan Nolan inheriting a tenant always comes with an inherent level of risk but it sounds like this particular tenant is a keeper.

It can also be a somewhat complicated process so I would recommend talking to your lender before getting started with this strategy.But if you have the numbers right on your particular deal, it looks like a cash-out refinance could leave you with quite a bit less invested in the property than if you made a down payment on a conventional loan up front.

I haven't looked at that part of this particular executive order (he is writing executive orders every single day for the last several days - no joke), but in his press conference last week he specifically mentioned "out of work" as the financial hardship, so I think it is intended to benefit W2 owner occupants. 

MF can easily go $100K-$200K over budget, particularly when you're new and don't know what you don't know yet. 

Nibbling the past week on select Vanguard ETFs, particularly Small Cap(VIOV) & Mid Cap (IVOV)Value ETFs.

My big question now is, should I even do it at all, particularly considering I'm not sure what I'd do with the extra cash.

Other question: Does anyone know of bank statement loan companies that offer particularly good interest rates?

Particularly, what neighborhood? 

How do I learn what to do, and how to know the right steps to take with a particular house?

I'm not necessarily in the same line of thinking in that regard, particularly now.