Understanding these key elements will empower you to navigate the refinancing process with confidence and achieve the best possible outcome for your financial situation.Calculating Refinancing Risks and Rewards: When considering refinancing, it's crucial to thoroughly evaluate the potential risks and rewards associated with this financial decision.

I would really recommend self managing, Bigger Pockets has so many great resources for this from STR boot camp to the book on STR called Short Term Rental, Long Term Wealth.  

I keep a 92% occupancy rate, so I'm confident those two can keep you booked.

You continue to listen because you have the confidence in yourself that you can also participate - that's what BP offers.Married parents, single parents, and felons have all been on this platform sharing their stories with you.

Are you interested in increasing the value of the property through rehab prior to renting it?

When I put in the values of our current house in the Rental Calculator, it says "low confidence".

Also to grow the LLC in the long run where we are planning to proactively increase our portfolio which is the way to go

Are there better options, or should I self-manage despite the learning curve?  

Then, you need to deep dive into your market and cost bracket to find the costs, especially if you are going to self-manage.

HelloI could be missing the obvious, but I cannot seem to find much information on calculating the return and benefits of debt pay down on a rental property.How do you assess the benefits of improved equity or increased balance sheet performance through the paying down of the mortgage on a property?