I guess it depends on your risk tolerance and your ability to find a better deal than the one you already have with the equity you are pulling out.

We expect to learn from the best there is, mentor-wise, networking wise and have allied ourselves with what we consider masters in the business.Due Diligence is a very strong suit for me personally and I enjoy it very much.An example quickly is a note we purchased non performing for 7,200.00 in KC KS...pretty quickly after buying the note we were able to secure the Deed in Lieu of foreclosure from the borrowers, negotiated the state tax liens down to zero, and marketed the property.

They will shop the available options for you and present you the best options while pointing out where the policies differ from each other.

Zero tax state, no insurance or property tax issues like FL and TX. 

Note I am not stating I find this ideal, but if an operator has outstanding performance record, I may be able to tolerate sub-par communication.  

There is ZERO chance on a solar purchase they will guarantee your total electric bill.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Cap-ex was needed for:* Original 1960s kitchen, appliances out of order* Original 1960s Pepto Bismol colored tiles in the bathroom* Tobacco and marijuana stains/odor in every room* Stained carpet covering damaged hardwood* Broken side door from forced entry by police* Zero recessed lighting with 3 layers of blinds on every window* Lots of trash in the basement both on the floor and mounted to the joists overheadCheck out the Zillow listing at: https://www.zillow.com/homes/119-Jasper-Pl-Alexandria,-VA-22...What made you interested in investing in this type of deal?

Once your asset's equity exceeds your umbrella policy it makes sense to start thinking about more advanced protection. 

Quote from @Chris Seveney: @Jonathan ChanI am all for communication - but how do you enforce that communications policy?