Thinking of upgrading to a single wall unit minisplit to cover everything.

You are both doing things right, keeping jobs, upgrading them and making more money while nurturing solid investments.HELOCs are fine, but start by just taking a small amount off of one so you don't downgrade your cashflow to much, and use it to do your same thing again.

My current rent is $2875, but similar less-upgraded units in my community are listed for $3100.For context, this is a town house in Northern VA and my tenant has been great for the past two years.

Plan to start small, buy a condo or townhouse wholesale that only needs cosmetic upgrades i.e paint, carpet etc.

Your income definitely shows you could do a new build, but if you are a first-time builder, finding land, construction costs, and managing a new build will be way out of your zone of genius, especially if you both work busy jobs.To get value add, you can look for a multi that has really good space/bones, but needs upgrading so you can live in a really nice place and create a second nice space for rent/family.

Eventually you'll have a tenant wreck one or it will be time to do some upgrades after a tenant moves out.

We have been happily surprised at the upside available from paying a full, fair price to a mom-and-pop seller, upgrading, increasing revenues, and selling to a higher level buyer (like an institutional player).

Last 3 trips for me  Paris ,  Tel Aviv and lisbon  since I had premier status I got upgraded for free to suites still while using my points..

@Mohammad Al-Abbasi Batch does have an upgrade you can pay for 59$ per month to pull list data.

Put down over 40% and cashed bonds to get the home up graded How did you add value to the deal?