With a low 4.75% rate but minimal cash flow ($50–$125/month), your equity could likely work harder elsewhere.

If you plan to live in an RV, renting out both homes could reduce living expenses, but make sure you’re set up for remote property management, possibly with a property manager.

Quote from @Michael Daniel: Purchase price 70k currently pulling 900 rent ARV 110 - 140k, rehab about 25k @Michael Daniel That rent sounds too low for that ARV.

Oktay,I do know Janesville for the LTR I use to help low income families try to find housing there for years.

I don't know the laws in Australia, but in the states, you can usually get a low down payment loan if you will live in the place and you can do this up to a 4 unit and rent out the rest.

Hey @Brett RiemensniderThere are a TON of banks/credit unions that will offer as low as Prime on a heloc on your primary residence.

Underpriced, underperforming, value add, 20 units, cash flow potential, low risk How did you find this deal and how did you negotiate it?

Then it has an expense tracker to compare budgets to actuals during project execution.  

The property will cashflow around $500 a month after all expenses.  

@Jason Dubon I use a percentage of the rental income to prepare for expenses.