I use Fred Flores--ex Air Force.  

So from what I read, I should be using either the fair market value at time of conversion or the cost of purchase plus addition/improvements, whichever is lower.

I'm currently looking for ways to improve security at my 14 unit in Phoenix.

You can slowly improve the cash-flow over time.

It would be an awesome improvement if those could somehow be excluded!

Let your imagination run as to what this could pay for; repairs, capital improvements, pre-paids, etc., but also know that any sort of rebate requested must fully disclosed, appear on closing disclosures, be approved by the listing agent, their employing broker, and most of all, by your lender. 

Hi everyone,My name I’m Paul and I’m currently active duty Air Force but will be separating in the new few months.

Many new investors get drawn to real estate because they want to improve their financial picture. 

Looking to buy/ invest in air bnb in Indy

If closing for the cash-out refi is completed at 6 months or greater than the date you purchased the property, it would be eligible for value to be determined with a new appraisal, which of course is beneficial if you have done any work to it to improve the value.