I have only $45k left on the loan and can scrap the funds together to pay it, however, I wish not since the loan is at 3%, and I can use that $45k for other properties to not pay as much of the 7% interest rate loan I would need.2.)

How to calculate on a property if it's good investment for my family and I.

My wife and I work together to purchase and manage our rental portfolio.

Your questions listed here are great and I would love to have a longer conversation with you if that's ok. 

Yes, eventually he did, although the terms was not favorable and I would’ve just been settling.

Let's say my 1st mortgage balance is $600k and I want to take out a 2nd mortgage for $150k for home improvements which makes the interest on the 2nd deductible as well.

I go the STR route because I have a lot of other investments in play and I can absorb if things go south.

It has been damaged, and I have now replaced the entire porch - it was old, but I feel that the punching bag may have helped the damage occur.

It is a big project and I am nervous as I have never done a gut renovation!

My name is Justina, and I am from Cleveland, Ohio.