Their bigger worries are how to extract maximum productivity from their most important investment which is people. 

When I build a project and then loan against it, I have to go to the right bank because some banks won't help. normally the bankers call it an equity extraction instead of a refinance.

This is a great example where once I have a property free and clear can be used as a tool to extract cash later when needed. 

Therefore, people who have lived in their homes for 20 plus years all over Denver are reading these same stories and listing their property to extract the maximum value possible and therefore cutting margins to razor thin proportions for flippers.

I'm also a fan of internet shopping the MLS to death and extracting all the data I can.

Daryl, Just curious about "extraction."

This is legal, however extracting accurate data for tax preparation will be a pain, and you set yourself up for a real headache if the IRS decides to audit you.The next step is highly recommended, as it solves the two problems I mentioned: data clarity for taxes and IRS audit defense.

We literally discard any leads that owe too much on mortgage ( I know there is something called creative investing where you can still extract a deal out of such leads... but why would we.... there are soo many we can cherry pick).So we scrub all the leads that are "no good".

Whereas Wesley is using the word more along the lines of “sending this to a company that specializes in extracting payments on judgments”.Just different possible uses for the same word.

You will need to buy another STR to extract tax benefits for the following year.Thank you for bringing attention to the potential tax benefits of STR investing.