I have 2 rental properties(a 2 family home that I bought 9 years ago that needs new roof eventually and a short term rental a few hours away up north that has a 5.2 rate and is very updated) I used a cash out refi in 2021 for the 2 family to take out 25k(and it lowered my payment, went to a 3.2 rate for 25 years for the 2 family) and then used that 25k to buy a 240k cabin up north to use as a short term rental and family vacation home.2023 was the first full year for the cabin and it brought in 25k, however expenses were 36k, so 11k in the negative.

. I have seen situations where landlords and tenants are both very firm on their requested rent price and it was a minimal difference and the landlord let them move out and the money it cost the landlord to clean fix paint and rent the unit out to a new tenant outweighed the difference they would have made the tenant after moving expenses and paying first class and Security again probably outweighed what they would’ve paid had they just stayed so sometimes it’s better to just negotiate and flex a little to renew a tenant than to keep swapping tenants.

Thank you @Nicole Heasley Beitenman and @Bonnie Low!

Definitely save your battles for more expensive issues.    -- Good Luck!

Container homes would be low investment with high return and a passive income.

For context, my property is in a flood zone so flood and wind insurance are extremely expensive.

After all  are paid all expenses are taking care of I pay about $500 a month to live here.

It's under $500 so not an extreme expense but I argue that it falls under the NNN maintenance purview, responsibility of the tenant.

@Daniel EhevichYour mortgage refinancing rate and closing costs will probably be less expensive with a rate-and-term refinance.

Generally, hard money is expensive you want to borrow as little as possible and pay it back as soon as possible.