$31k after tax annual income - $11k rent = $20k or $1,600 per month net income left to cover all other expenses (utilities, cars, insurance, groceries, kids, activities, etc.).Median household income for 38128 is $41k or $36k after tax

It never ceases to amaze us how at one for example, we peak at $400/night with solid 5 star reviews.

Renegotiating some utility contracts (garbage and removing some on site office paid internet/phone bills) 5.

I work with a ton out of state investors that are just getting their feet wet, so I'd be happy to connect and see how I can help you as you're coming into the game!

Think there is some substantial validity in this, but do you think it could potentially be utilized in a different fashion?

We learned at one point to get out of our own way.

I borrowed $110K from a private lender for the purchase and self funded the repair of the offices. 3 months later, I rented 6,000 sq.ft. of office space to a corporation for $21,000/month + utilities for 5 years with another 5 year option.

There has been a ton of growth here over the last 3-5 years.

I would say don't be afraid to utilize the equity line again.

Then there are the challenges with Section 8 tenants paying utilities and taking care of their rental property.