Yes, interest rates are really high and that is going to effect a lot of markets.

Not a good idea for some of the same reasons-high costs of purchase combined with inexperience and renos gone bad/out of control. 

I know I need to do something with all of this untapped equity.What do you think are the best options for me to utilize this equity effectively, and why do you recommend those particular choices?

I canceled our online subscription and bought one desktop version.I hate paying $650/year now for QB Desktop but it’s the lowest-cost solution to our problems.

As the seller I would pay for the energy audit, do the analysis on the work to be done (cost vs savings) and then market the home with a prepackaged improvement contract that would meet lender guidelines (solar, EE windows, etc). 45 day close to allow for enough time to do loan and obtain permits, occupancy COE+2. 

DSCR loans are a little different in that they are business purpose loans, regardless the mortgage does not effect deed, title or ownership of the property.

Not sure, if this means hiring multiple people (one for appraisal, one for inspection, one for cost estimates)3.

Something else I learned recently, is that theres a ton of homes for sale with solar on the roofs, and that can be a very bad thing.

This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.

I am retired and working on career #2 and 2 of 3 of our kids have left for college - our oldest is headed to UConn for her PhD (6 years) and instead of paying to rent, our thoughts are to do a version of a house hack with buying a house/condo and renting out one to two rooms to offset the costs of her rent.