I guess your method works well for a couple, but I imagine it would be a nightmare once you have more than a dozen. 

Maybe it is my market (Live in New Jersey), if this is the case, please let me know which states and cities the cash re-finance method may be more conducive in.

I'd say we have at least $360,000 in equity in it as I write this (based on estimates from Zillow, Redfin & realtor.com).While we're planning on increasing the rent for the next term if we keep the property, I'd like to learn how I could leverage this equity into substantially more monthly income with little to no out of pocket expense and no capital gains taxes.I have no experience with loans other than FHA or conventional on first or second homes, although I'm vaguely aware of alternative financing methods (asset loans, etc).Any advice on how to turn that equity into substantially more monthly income?

Some common methods are through strategies like charging extra fees for covered parking or reserved spaces, renting out common areas for parties or events, adding or increasing pet fees, sub metering utilities, and converting unused spaces into storage units that tenants can rent.TIP: Ensure you understand any services that are included with tenant rents and the existing sources of miscellaneous revenue, if any exist.

You have made the choice, now it is about finding your investment method.

I am sure that there are better tools or methods in doing this, and therefore would love to hear how others are coming up with their rent estimates when evaluating properties.

@Daniel Fraenkel I really like your method for handling out of state investors.

So I’m not trying to keep hearing the same thing on repeat it’s like a Greeting from McDonald’s get to the beef not the bun and pickles and all the topping get to the meat of the situation or even Listen to the strategies I’ve been exploring and offer solutions not tell me what you’ve told every other 100’s of investors in Charlotte 

I work ~30 hrs/wk and make more $$$ than I would if I had a traditional FTE job.... but I cant obtain a mortgageWhat are some ideas other than a parent cosigning that I could explore for financing???

The BRRRR method is NOT an example of this.The key to doing this is to make every decision based on the number sequence, "1073741824".