I have been following up the content here and on youtube which has been really insightful.

Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

Are you in the process of taking the licensing class now?

Really depends on the goals.

How long that takes and the exact steps depend on the state.

The Fed’s moves often ripple through credit markets, and the jump in the 10Y yield has definitely hurt affordability.

Admins @Rene Hosman, is there any way to go back and delete all of the downright dangerous advice he gave to beginners over the years on here so that the forum archives aren't full of BS? 

If you're as good as you claim to be, it should be easy to show that the rewards outweigh the risk. 

Maybe renovation costs get blundered so the spread is too weak, but the appreciation and refi potential is there.

Somehow, a quitclaim was made from the sole heir just 5 days before  the tax sale - and recorded in the deed book the day after the tax sale.