I would only recommend you do the same too because no matter what a sticky situation can come from the most unexpected moments. 

Also when you say "financial vacancy " do you mean actual vacancy that occurs when you don't have rental income from a tenent occupying the rental or are you saying it includes the planning for unexpected vacancy, the 5% taken out of rental income for the rainy day scenario? 

Again…all I did was follow @Alexander Felice's steps he laid out in podcast and site.Inspection was ordered the day of closing and showed some other basic problem areas that were easily fixed (various outlets not working, no fan/vent in bathroom), but nothing major.

Hi All, Quick back story: I was trying to cash out refinance my primary residence when unfortunately the appraisal unexpectedly came in too low for it to make sense. 

I think its slightly high and also unexpected.

I'm going to market to those buyers but also market on craigslist and other media outlets..

If covid taught us anything, its be prepared for the unexpected.

(and make sure to account for more closing costs on the refi)In summary, I would write down every single cost/expense (that you know of) including a budget for contingencies, so nothing is unexpected.

In a vacant home the inspector would have greater access to outlets and checking on potential issues...

I was able to negotiate a better deal and, assuming my numbers are right, I will be able to get at least a 10% cash on cash return, after an amount for unexpected expenses.