Joined the Static node club by creating node successfully.
Do I need a virtual server or something to make a static node? Also I know it costs 510000 XBY or whatever to make it. So if I want to cash out, can I close my static and redeem those 510000 and sell them on yobit or something?
Look through the YouTube channel in the OP and you can see a step by step guide to setting up a node. Join slack and you can get more questions answered.
Yes of course you can break the static and sell the them at anytime. But later there will be demand for nodes so people will pay you to take it off you. There is no burden to have ing a node, it's a win win if you are holding enough coins.