Any thoughts, warnings, concerns or connections would be very welcome. 

Heck, I'm surprised we haven't already seen the 'cut & paste' guys who post the same boots on the ground posts a dozen times a day.  

You couldn't take up/cut out a piece from under the fridge or stove or closet and then do a repair and replace the hidden hole with something that doesn't quite match?

So my commercial loan department guy who i do all my banking with cut me off?

Most times just putting some type of secure cover on it will suffice as it's usually an insurance company concern.

I'm not trying to devalue reading, and learning, but I am saying if that's all you do it isn't going to cut it.

The strategy and numbers make complete sense; however, I am concerned that using a Personal or Business Line of Credit will cause issues when applying for the new Cash-Out Refinance mortgage.

At closing, the attorney will pay off both mortgages, and cut your fiance and her brother a check for whatever is left over.

my big concern was over the idea of out of state investing and not being readily accessible to the property 

Fear is actually a sign that you are doing what's needed to move in the right direction.An absence of concerns signals that you are only doing what's comfortable for you—and that will only get you more of what you have right now.