Also, some HELOCS require you to reestablish them at relatively short periods.

You need (at least 40 or 50 sometimes in my case.) of individual “reasons” for income and expenses (property #1 rental income, #1 management expenses, #2 income, #2 management expense, #2 plumbing repair, #3 income, #3 management expense #3 landscaping expense #3 commission to realtor finding tenant, #4 income #4 management #4 landscaping…etc etc..) this will then either equal your deposit or have a last line that shows the amount you are out of balance where you missed an item or entered an incorrect amount.Doing this let’s you produce a report of any property’s  income or expense over any time period.

For example, you buy turnkey with a down payment, there’s going to be a several year period that it will take to recoup your investment to do it again.

AG,The coverage you mention "Personal Injury Protection" (or similar name) is an additional coverage which extends the Liability under a Homeowners or Dwelling Fire policy to include coverage for Libel, Slander, wrongful entry, etc. 

No straight answer (our other rentals have NYE bookings) they recommended the guest extend their stay to avoid the block, but would not say how long the stay would have to be to not be "high risk".

@Bryan La just be prepared for delays as the courts are backed up AND some municipalities (like Austin) still have an extended eviction moratorium in place through January 31.

I am not happy with this period.

@Marshall Secord Most conventional banks require a 6 month seasoning period to be able to perform a refi, so you have to have your cash tied up for that time, with that comes a 30-yr fixed at around 3-4%.

That is not projecting the housing market crashing significantly but you would assume during a recession, or period of slower economic activity, that the amount of people buying houses would shrink which should lower demand.

My businesses were forced to close for an extended period of time in 2020 so my tax returns look completely different from 2019 to 2020.