If so, I would do a little homework on zillow, trulia, realtor, and see what studio's and one's are going for.

Now if they punch a hole in the wall . . .Heck, Portland is now including economic life in the calculations - Considering most or our City Commissioners have a hard time with HS math, this should be interesting.Most of your stuff looks like normal wear-and-tear.

Assuming your rate is accurate and it will save you $100 a month, do the math. 

I would do the math using a hypothetical 5% prime (4.75%) and test that against the total cost of the cash-out refi over a 3-4 year period. 

Most Landlords do a lot of homework preparing to be a Landlord, but tenants do little of the same prior to renting a property, so their expectations can be very unreasonable.  

Do the math and your revenue covers beyond tenant damages and allows your company to profit revenue tax-free.

Calculating the ROI is going to be all about the math, much like most things real estate.

To make the math simple, improvements alone in the 8 years since (kitchen, bathrooms, roof, windows, doors, deck, etc.) =$90,000.

As we were home schooling her last year, we decided she needed to learn more than math, English, science, etc.

So I did some more homework as recommended.