This information helps me with preparing my income tax return, submitting information for financing, and also for doing analysis for decision making.

I need to make this decision while keeping my REI goals in focus. 

I might be stuck in analysis paralysis and can't really make a decision.

The remaining money will be used for 20% down on a duplex or triplex new-build under my LLC, and also to pay off stupid decisions I made as a young, dumb Marine in my early 20s.

Sorry to heat about tenant situation.Understanding that you should not let your emotion get into your decision making process is also a big plus.Good Luck on your next one!!!

When things turn south, even people with good intentions made bad decisions to try to dig their way out of a hole.  

If you have another strong buy on the table and need the cash, the argument tends towards cash out refinance.One caveat - in my experience, appraisals for cash out refi often come in low.I believe you can start the process and adjust your loan decisions once appraisal comes in.

Having options is nice.The decision on whether to do a cash-out refi and keep the property or sell outright and do a 1031 Exchange into a different property all comes down to what you are trying to accomplish.

👉Next topic: Understanding Potential Returns so You Can Make Strategic Investing Decisions!!

I do not have cash to burn so this is a significant reallocation decision.