But I am being told I can only refi, which I will never do because my rate is 2.8%.

I could keep in a Money Market at 2.x% return OR, what if I kept the $40K sitting in the additional equity of the property that I could tap into the line of credit in the event it was needed.The quick math:A rental property @ 8% cap rate - 6.190% floating LOC rate = 1.8% interest rate arbitrage on the extra $40k sitting in equity.

I am going to buy cash since I don't feel like giving away 4 to 5% just for hard money loan Origination and then 11 % or above interest rates.

Then my contractor installs it at his hourly rate of about $25/hour for a 1 hour charge.

**Supply and Demand Dynamics:**When I invested in my first STR, Tulum boasted around 2000 properties in 2017, ensuring high occupancy rates and lucrative rental returns on Airbnb.

The mortgage is assumable upon their demise (and at a rate lower than those currently being offered). 

So, even if the tenant only stays 24 months at that rental rate you are $2400 ahead.

Decide on the type of rental (long-term, short-term, etc.) and the rental rates for each room.5.

The rating was based on the Executive Supervisor payroll and the cost of the Subcontracted work. 

There were a lot of steps missed from the very start like defining what exactly the client wants to achieve, are they preapproved and did you collect proof of funds to close, how will any acquisition be titled and why it matters now; how valuation is determined, current market conditions - appreciation, rent price, eviction rates, more; what makes a property ineligible for your client's search - what if it doesn't qualify for insurance, what if the repair cost will exceed a certain dollar amount, more.