Refi Rewards

Congrats on the refi, but I've got to push back on that appraisal assumption. $300k seems aggressive for our Lexington market, especially with the current oversupply of renttals. Can you share more about the appraisal process and what specifically drove that valuation? Also, how much of your initial $200k purchase and $50k rehab costs were actually paid out of pocket, and what were the terms of your refi? I'm curious to know how much capital you actually took out, not just the difference between the refi and total costs. Let's get a clearer picture of the numbers before we celebrate the rewards.