When we moved for the military and became long-distance investors, we rented the house out and use a property manager to take care of the property. 2/1, in good shape, B/C class neighborhood.

People think about rent in terms of $50 increases but if you do $60 or $70 or $80 is it the wrong number?

So if you have one long term rental and one short term rental, it can be difficult.practical example: you have a long term tenant that stays for 365 days.

Looks like the cash remaining in the deal after you refinance. 

Are you planning on holding this long term?

Quote from @Juan Carlos Flores Garcia: Hi BP Community,I’m working on building a long-distance Section 8 rental portfolio, specifically in the Midwest with properties under $100K.

Others have pointed out the lack of location as an issue, but there's also the issue of your definition of cash flow.How did you calculate it?

It sounds like you have a pretty good grip of your options and it really just depends on the opportunity cost is in terms of whether cashing out now would allow you to put another BRRRR in motion but on the other hand I'd imagine your lady would prefer your undivided attention over the next few months!

Short-term rental or standard rental ( roommate or renting out a unit in a duplex).

If I refi into a DSCR with 6.9% at $780,000 (75% LTV) I could pull $200,000 cash for leverage, pay $6,600 vs my current $5,600 and possibly free up some debt for another owner occ purchase.