Curt,You should have the contractor who is doing the work have General Liability and Workers Compensation coverage regardless of their trade. 

For those with significant experience doing this, am I better served using my benefits to get an MBA or to use them to take a myriad of courses at the undergrad level that could also help me, e.g. a few accounting courses, maybe some basic trades courses, marketing, etc. 

Nevertheless, is it still a good investment if it trading at a high cap rate and with descent cash flow?

Nevertheless, is it still a good investment if it trading at a high cap rate and with descent cash flow?

And if you spread your indexing over different crediting methods you can insure that there will never be a 0 either.These products are complex and need a good agent who knows how to optimize your policy to minimize the fee (and his/her commission) and maximize your return.

I don't mind Boarded homes as i am looking into the BRRR method for of the properties in the area. it just needs to have a good upside for refinancing.

For the BRRR method, you have to analyze 2 strategies buy and hold and a flip, as this can get complex for a beginner.

If you are speaking of equity, as the face value of a single property equity grows, it loses money...not gains it.The good thing about REI is the potential exponential gains you can make with it, when you focus on the short run (NOT like day trading short), and how those short exponential gains translate to long term gains, as long as the short term gains "keep on truckin'".

The advantage of this method is that you don't need to qualify for a loan and your cash is limited to her payment.

I wanted to basically learn the strategy others use when it comes to thinking about cash out refi as this is my first rodeo in the cash out refi world Thank you  I'm not a big fan of the BRRRR method (I don't think of it as a strategy)...it leaves me in the cold.It's not what it's billed out to be:1 - When you refi your cash flow goes down (as you've stated)2 - You're still leaving a lot of equity in the property being financed, going to waste3 - It's NOT your money you're getting in cash anyway.