Any advise and information is greatly appreciated.

Their decision to expand into Ohio is not just a strategic move for the company but a significant boon for the local economy.

The information contained in this post is not to be relied upon.

I think most successful investors would tell you that, while you need to take tax into account in your decisions, you shouldn't make a decision based on that alone.

I feel that you should have about 30k-80k in equity ($250k-300k property value) based upon the little bit of information you have told us and my experience in palm bay, FL / Brevard County, FL.

@Robert Ellis The additional information you shared changes the capital raise.

They are still owing December rent and have informed me that they will not be paying January rent until Mid January 2025.

I was thinking I would put together the information packet and have him present it to the appraiser.....

It might be a better decision to do a 75% Cashout Refinance.

She will get a nice surprise next week when I show up at her door to (a) announce that I am her new property manager and (b) notify her that I will update her information with the collection agency she's been hiding from.Screen your applications, people!