This town changes street by street so having an advocate that really knows the city is advisable.

I'm going to be a devil's advocate and bring up the possibility of selling the property. 

Do you want to spend New Year's eve calling hvac guy thousands of miles away because your tenants' furnace will only blow cold air?

I think the weak link in this project was that this was not a beginner job to take on and I did not surround myself with any non-biased advocates, or put another way, anyone knowledgeable who didn't stand to gain financially from the deal.

Always playing the devil's advocate Bill Gulley , I like that!

From here, you can use skip tracing services like truepeoplesearch or whitepages to get phone numbers (not advocating for these services, I just know they offer free services).

So not tax meaning i have to put that money in another property to avoid tax You can do quite literally whatever you want with the excess money pulled out of the refi -- blow it at the casino, remodel your bathroom, or put it into another investment.

We looked a purchasing a property in Boone last year and a couple in Blowing Rock.

The bank isn't going to let you blow their money.

Boom - Sound of an IRA blowing up.The IRS doesn't want you to be able to create a situation where you could shift taxable dollars to non-taxable dollars.