It's the niche I want to pursue and I'm currently figuring out ways to raise capital to get my first investment property.

In theory if the fed raises rates they could suck some of the liquidity out of the economy, but it does seem like that won’t be happening anytime soon. so it would likely need $130 a barrel oil, 20% percent reduction in stocks, and 10 year treasury closer to 3 percent to likely have an impact in the Smoky market. 

@Logan Eckstein When raising capital for investment, credibility and trust are key.

If I play my cards right I will be Anel to do a cash out refi, still cash flow decently and take all my equity out to do it again.

Bust my butt at my job to get as much capital as I can, while realizing that it’s going to take time to raise said capital.

No offense, but for someone looking at a 90 unit apartment building which I'm assuming you will be syndicating to raise money for, this seems like a question for someone who is out over their skis a bit.

Of course, at the end of the lease, it's fair game and I often find it best to change out the tenant as we might be in a value add, raising rent and just wanting to start over.

It looks just like a credit card if there has been no activity on it. 

Maybe look at raising your deductible to $5000 would give you the savings you are looking for.

Look at the tax appraisal amount for the property card.