I have a home that is an STR in a highly desirable tourist destination.  

Let's assume you did put a high down payment, on a refinance lenders will cap you at 80% of the new appraised value, leaving you with little to no money on a cash out refinance.

@Andy Oshodi the REI business is hard but house hacking is one of the easiest most powerful strategies out there.

La Crosse is a great place to start investing with 4 local colleges, 3 major hospitals, and several large companies there is a high demand for rentals.

the loan before June and stop giving moolah to this bank. 8.675% is too high anyway.c.

She always spoke highly of them to me in terms of quality and service.

I had a high rise condo that I was able to lease for a 35% premium as a LTR FULLY FURNISHED.

Residential commercial (5+) has peaked IMO but with the housing demand so high and prices stabilizing, more people are being pushed towards renting which should keep your vacancy rates low. 

For distressed properties I intend to keep as rentals, the buyer pool is greatly reduced and being able to close cash and waive inspections provides a lot of negotiating power. 

I live in a resort town, with a lot of second homes, so the market price for an average home is already pretty high.