I am currently working on redesigning a home on Sugar Mtn.

That brings your living expenses to $2000/mo, which essentially is the same amount you’d pay renting.  

Or if you cash out refinance your condo, you are essentially moving that debt to a 30 year fixed option which I think is your best move.

So essentially this is a low-risk learning opportunity for me. 

Once you factor in vacancy (call it 5-8%), maintenance (another 5-8%), and cap-ex for even a newer build (2-3% for things like HVAC and roof down the line), you're essentially at break-even or slightly negative month to month.The upside though is that $60k is buying you a locked-in rate that's 3-4 points below current market.

Essentially self management is impossible for them and need a PM. 

Correct me if I'm wrong, but with the cost-segregation, I could essentially pay no taxes for our rental income for quite a few years.Example numbers:$2m property purchase$800k bonus depreciation$125k rental income annuallyNo taxes paid on rental income for the next 6.4 years or so. 

My goal was to have the property look essentially new when it went on the market for sale.

Instead of infinite cash-on-cash because you pulled all your money out, you're looking at a more traditional return on the capital that stays invested.Post-refi cash flow is essentially break-even based on the expense estimates which is typical for BRRRRs in this rate environment.

These subtle signals can provide valuable information that may not be evident from the numbers alone.As I've experienced, you’re like a detective, gathering data that's not exposed by the numbers.Documenting the property tour with photos and videos is essential for detailed analysis.