But the specifics behind bringing in capital and operating with a larger amount of money just makes me want to be extra cautious since it's not only my money.

If you don't want to take on the extra work of managing an Airbnb, you can also move to medium-term leases or contract-based workers.

What extra amount of rent do you think it would take ?

If that’s the case, and you can turn this thought into a reality one day that extra $400 a month won’t cross your mind (after you refi).

It'll take me about 6 months for my multifamily goal, so in the mean time, I wanted to see if this partnership can be a great way to spend my down time doing an actual deal and also getting some extra cash flow.My potential partner and I have complete trust in each other and have worked with one another for four years.

In my previous county the winter temps meant that county code required an extra supplemental source of heat (electric whatever or a wood stove) as the heat pumps wouldn't heat a room under a certain temp.

If you’ve never been to Mountain View Arkansas no worries it’s extra little. :-) I am wanting to get a CMA on the property without the pressure of a local realtor trying to make me sign a listing agreement before I’m ready.

Now look at that money, and use it as 20% DP's on more than one property, and see what your new total CF ends up being.When you refi, you cam take the extra cash from the and use it to buy one more property. 

@Jeffrey Davis  Right now, there is an extra incentive to do cost segregation.

@Jeff T.Thanks Jeff, I have a much better cashflow (if not I at least break even) when I am here as I live in a much larger unit with extra rooms that I can rent with additional cash flow but I think renting my entire unit alone would be very challenging as there will not be many prospective tenants that will need so much space (6 beds and 3 ba )and willing to shell additional rent .