The new appraisal may be lower than expected and you are not able to pull all your cash out.  

These are some great suggestions (including the one below).

I did raise it by $150.00, but still way below market.

I just dropped the price on the rent a little below market and I worked with different people until I found a tenant that was fine with getting their mail at a post office for the reduced rent.  

As you can see, the lot is just a gravel lot with space for 3 to 5 cars.

Before spending money on education programs or mentoring, I highly recommend listening to all of the podcast episodes available below.  

However in general for me personally and anyone who ask's me if you do not live in the area low value and C class and below is no appropriate investments risk to high reward far to low .. real risk of losing money.. not making money.

My new strategy is to acquire a buy-and-hold SFH to rent out in Indy with these purchase filters:$50 -150K range Young professional neighborhoodTurnkey or only requires minor/cosmetic repairsMeets the 100:1 ruleBuilt after ~1980 (to minimize repair costs and appreciate into the future)I have $50K to available for this endeavor. 

I put reno costs at 50k but that might be low.- How accurate the rents are, I guessed low (I think)At any rate, this is as accurate as I can be.

I love purchasing rented units from owners who have rents far below market.