We have over 100k in equity and would like to accelerate our ability to acquire more properties but how does a cash out refinance effect our debt to income.

It seems that rentals are only worth it when you can do the domino effect to get a bunch of houses and be on the line for a bunch of debt.

Can you build a self contained suite so she has rental income? 

I have a gas pool heater which doesn’t effect electric bill.

This is my first property and I am in on this with 2 partners who are effectively silent partners and I am running the rest. 

Builders often have an escalation clause built in that says something to the effect of “if material costs increase more than 10% during the time of construction, builder can raise the price to cover the difference”. 

The main work was to gut both bathrooms and create a 3rd master suite.

Doesnt he provide his social when he opens up water account on his name which may effect his credit history or he's the type that dont care? 

How will this effect resale value?

Reach out to the real estate lawyer to find the most effective solution.