If you generate enough money annually to dismiss a W2, then consider covering the ever increasing costs of retirement & health care and those do not go at inflation metrics but usually way higher. 

What is great about teak is wild teak is drastically diminishing while the demand is increasing.

They may also require US credit history, although there are a handful that will not require a US credit report for an increased rate/ reduction in LTV. 

If you see utilities increasing, is there a way that you can push this on to the tenant?

I will mention that a hot tub could really increase the frequency of bookings. 

What would you do from here, pay them off sooner to increase the cash flow, or keep leveraging? 

It establishes a base that's $40 lower, which all future rent increases are based on. 

The property was leased for $2,150 per month.Refinance and Return on InvestmentAfter a stabilization period of 6 months, the property was refinanced to leverage the increased value created through renovations.

RAD’s real estate holdings nationwide were worth some $24 million as of last fall, the company has reported.According to one of the 81 ads for RAD running earlier this week on Facebook and its sibling social-media sites, RAD shares surged from $14.23 in January 2021 to $18.52 in January 2022, an increase of 30%.

They usually have a step down on that penalty like 3% year one, 2% year two, 1% year three and so on and so forth.So if you are buying a deal with the intention of rapidly increasing it's value in less than 24 months in order to refinance it and pull your cash out, you might want to go with a credit union for the acquisition financing because FCUs are barred from charging pre payment penalties.I could talk about this for hours about all the nuances but my fingers don't type that fast lol