Seems like a property that isn't going to appreciate rapidly so cashflow will be vital to its investment potential.

I completely agree with @Ashish Acharya's points about the cost-effectiveness of a HELOC and the potential credit implications if it’s secured by your primary residence.

I am moving out to the Destin/Fort Walton Beach area at the beginning of next year in January for work. My goal is to buy a house in the area and house hack the remaining rooms. I am hoping to connect with other like-...

Germantown has better cash flow potential but may require more hands-on management.

I recently acquired my first primary residence and am seeing ways I can best utilize the space for real estate investing. The property is a 3 bedroom, 2 bath (one of the rooms is the master with its bathroom and acces...

I have a potential deal on the hook however, the property has been neglected by its previous and current owners and the current tenant isn't the cleanest.

Here’s why this can be a great option:You can lock in a lower interest rate on the HELOC since it's based on a primary residence rather than an investment property.You keep your existing home, allowing it to appreciate while your tenants cover the mortgage.You now have two properties working for you—one generating rental income and another as your new primary or next investment.For analyzing rental cash flow, some key numbers to look at include:Expected Rent – Research what similar properties in your area are renting for.Mortgage & HELOC Payment – If you use a HELOC, factor in the monthly cost.Operating Expenses – Taxes, insurance, maintenance, potential property management.Cash Flow – What’s left after expenses and mortgage payments.If you do decide to sell instead, you can also use that equity strategically—whether for a strong down payment on a multi-unit, house hack, or another single-family rental.On the networking side, attorneys and other key professionals can be tough to find in everyday settings, but real estate investor meetups, Facebook groups, and local REI events are gold mines for connecting with them.

The land assessment value is on the tax assessor's site in every county, but that doesn't hold a ton of relevance in my opinion.

It is still a seller's market in many geographic locations, so you can ask potential buyers for an extended closing period and/or with options to extend the closing period. 

STRs have a huge earning potential but it's definitely something that takes a lot of time, patience, and effort these days.