They take care of everything, and since they are a larger PM, they have access to contractors and repair people that you wouldn't.  

So issue is essentially what you were asking access that equity other than selling it and "how to" measure the refi fees & cash in hand vs effect to cash flow & refi fees.I have seen a couple posts asking about using HELOC loans which I guess have less fees but just started researching those but I guess they are lower LTV so might not offer access to as much cash.I guess it all depends on goals and what you want to accomplish...

They also should have access to qualified contractors at reasonable rates.If you dont own the property, then the answer would be no.  

@Skip Gilliam I sense a potentially dangerous combination of circumstances: you have quite a bit of accessible funds, a lot of motivation to get into RE, but not very much lexperience.

You can easily access the real estate market2.

I know that a real estate license isn't necessary to invest, but, aside from access to the MLS database, are there any major advantages to having a license that make it worthwhile to pursue?

I check the listings to keep up on prices, do my reading here to keep up on things, paid off all debt except my mortgage to start building savings and building my credit higher, I also have access to 120k if need be, I feel a bit stuck.  

Among the types of vehicles you might want, IIRC, the IRS wants at least 6' of non-passenger area behind the front seats, not easily accessible from the front seats.  

Please contact me and let me know your   I don't have access to it right now because I am outside.

In a TIC, profits are not restricted to the % of ownership interest held, you can make the grantee, minor interest holder any deal you want to, but they will still have taxes on gains.......so be it, we all pay taxes.