This strategy is all over the Internet and allows you to pay your home off in 5-7 years if done correctly.

Lisa,Good choice, @William Brown is absolutely correct.

ACTUAL bank statements  LOL.. that's what you need.. and that's why they use me.. we are for real and know what we are doing and what we need to do to support those who want to do what you want to do... you either have not explained it correctly to those potential money partners or they are nervous nellies and probably wont close anyway.

https://www.biggerpockets.com/rei/pay-rent-online-payment-tools/

Will we have another correction sometime?

Closing with a known issue would likely bar a title insurance claim once the issue surfaced and regardless, this is a title problem that as a buyer you definitely want resolved.There are a few ways to resolve this including a corrective or confirmatory or other deed but they all will require full disclosure to the title company/insurer and some corrective action or affirmative coverage for the issue.

Also many old tools in walls over the years; usually tape measures (old fashioned kind that fold out like rulers), planers, levels, flat bars, crow bars, nailsets, hammers and such.

Congratulations on starting the investment road correctly !

As for numbers everything @Hadar Orkibi said is correct for a cash out refi.

@Gareth Meaker That's great if you had thought about Vegas previously all the better since you have some familiarity with the market then.You are correct the market has run up so it is harder finding deals.