Here are some of my initial thoughts:After you pay a manager to run the operations, what is the net profit?

Totally green at this point, just trying to learn everything I can. 

@Dan Green This will come down to whether or not your cousin wishes to keep the house.  

My initial reaction was to get them out and get rid of section 8 ASAP.

Come by and attend @MichaelKelczewski - Investor Friendly Real Estate Attend.Diversified Investors Group – Delaware State Real EstateTuesday, July 25th, 20176:30 PM to 8:30 PM4th Tuesday of the MonthLocation: The Greene Turtle 425 Stanton Christiana Rd, Newark, DE 19713Speaker: Joseph V.

Unfortunately because she chose not to protect your interests initially with a eviction instead of using a 60 day free ride she is now paying the price. 

I've gotten several banks to initially okay HELOC offerings at 70% of loan to value, however, I don't think HELOCs are the right vehicle for me for several reasons. 1) The rate is variable. 2) The term is normally shorter than a refi, 3) There may be an unexpected balloon payment if you're not watching the draw period closely.

And if you are busy wondering where you are going to get this initial rehab milestone money, strongly consider if you are ready to rehab.

Initially I began my investing career looking into fix and flips, then shifted my attention to the Notes side of the business.

Pets are a good bonus but I would not initially offer pet friendly unless you have issues renting, even the best pet will cause more damage then no pet.My 4 musts to screen-Credit Check-Landlord Reference-Job letter/ proof of employment-Gut Check= Bad vibes, bad tenantIf people can't come up with atleast 2 of these 3 things, they likely are hiding something.