I am looking for long-term investment property with the potential for appreciation over the next 5+ to 10+ years and not necessarily focused on cash flow and retirement. 

.#5 - Your site needs a map or an interactive map / Google street view at a minimum to have folks know where it's located.I do like the matter port, I would honestly do a video and do a matter port walk through as if you were showing it to a potential buyer.I could probably list a few more items, however, I think you get the idea.

Focusing on a move-in-ready home that accommodates your requirements (such as a 3/2+ or 4/2+) and is conveniently located between NAS Pensacola and potential employment locations for your wife, like Hurlburt Field or Eglin AFB, is a smart move.

BUT, yes, refinancing IS an option, because given the new situation one could not only wrap all that renovation cost into financing but also pull out the vast majority of capital deployed into it and still be sitting around 50 LTV, bringing COC potential above 50%, even verging on 100% yr2 and infinite from there after. 

How does the demographic profile (age, income, health status) of potential residents in NJ/NY influence the demand for assisted living services?

I really do like the idea of buying/potentially moving abroad, but I will need to rebuild capital first, so I have some time to plan for now. 

During the webinar, the author mentioned a specific type of loan that offers tax benefits or potentially exempts taxes when used for flipping purposes.

I agree AI now is only entering Netscape phase with still so much potential.

If you don't care about protecting your asset that is your own risk assessment decision.

The potential here is significantly higher and since the price point is higher, now my 5% appreciation is more as well.