If you aren't disciplined with what you already have, you won't be disciplined with anything new. 

I am considering a 20 foot extension to my cabin - a new master suite with bathroom and fireplace, that would take me to around 2900 feet. 

But we did not receive the deposit in 24hours.

Hello BiggerPockets community! I'm Lacey from North-East Georgia, passionate about real estate investing now. I'm particularly passionate about Chattanooga, TN, Blue Ridge, GA, Charlotte, NC, Winston-Salem, NC and pos...

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Additionally, our strategic marketing highlighted the property's new features, attracting buyers quickly.

Hello, I'm new to investment real estate.  

I'd work on getting them out and finding a new tenant. 

And if you look at your blended rate between your current first and your new 14%~ second lien that a cash out refi pencil's better for you.

New to the community and looking forward to learning and hopefully collaborating with other members.