There have been several examples of $1M+ listings that are still receiving multiple offers, and many for all cash. 

As mortgage rates eventually drop, your cash flow should improve over the long term.

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My STRs and MTRs are cash flow negative.  

Renting both units could probably cash flow around $1000 per month. 

You can probably find case law supporting both sides for the same topic if you were to go to court.I would consider rooms with a few nail holes in the walls for pictures and such to be normal wear and tear unless your lease specifies otherwise.

When you assume a loan there is no way to get "Cash out" unless you are going to pay off the wife an agreed share. 

From my understanding, I'll need 20% equity in the house for me to do a cash out refi which may take years to accomplish. 

I have a odd question,  70+ unit property 6mill left on note 5.50 30yr amortized   assuable 3 yr i/o remain BP calculator, Cash flow is positive cap x 1.5mill in Improvemennts in the last year with 20 units for value add improvements where do I go to get approved or a deal or a foot in the door? 

Doesn't matter if you talking cash-flow or profitable flips.