My idea is for us to pull out the equity in his property and buy him a rental property or two or muti-family that would cash flow enough to pay the equity loan and still leave some cash in his pocket. 

You've already done more than so many people by pulling the trigger so give yourself tons of credit for that!

So every year, I go over things and pull website prices on it for the Schedule E.Well, one of the things that Home Depot sent me was a 25-pack of Martha Stewart Living "Classic Farmhouse" drawer pulls, big ones (the Home Depot SKU is 307791092).

Silicon Beach could take off and prices skyrocket or prices could pull back.  

Generally we can pull the cabinets off, or  unscrew them,  But this house has striped screws. 

The school district is excellent and the rental comps are fair on par with comps in the area as pulled from my realtor. 

For example, if someone else is answering and doing the initial interface, are you still pulling comps and doing the follow ups? 

Should I pull the trigger now on the refinance as I have everything teed up ready to go or do people wait to a 2 year mark in this situation? 

However you should at least have some clue as to how you will pull a deal off before you put it under contract. 

It is pulling out the money that you previously put in.Once you're at a point where your money is recovered, and you have profits over and above - you're free to do anything with this money, probably in this order:keep a reserve for contingencies (vacancy, major repairs etc.)reinvest into buying more propertieswhat you call paying yourselfYes, it is arbitrary.