That can vary depending on the market and the level of service provided.Hope this helps!

Now though, HELOC rates are significantly higher and depending on what your primary mortgage is at it could be substantial. 

I plan to continue to invest in a mix of both RE syndication and our own rental properties going forward depending on what makes the most sense and offers the best returns. 

@Mohit Gupta  depending on number of occupants your regular insurance can cover it, read the policy, ours covers two roomers. 

@Chris Clothier well saidthe answer is almost always "it depends"is your LP an opportunist or not, what's their risk profile, what returns are they looking for?

For your agent to say you should not be concerned, again the answer is it depends.

It depends on what the terms of your mortgage are.Pros-with no mortgage, you have higher cash flow.Cons-if you plan on buying more properties, you are better off saving the money for a down payment for your next place.The big questions are: can you get higher than 7% return if you invest that money elsewhere? 

@Marc ShinThe timeline for completing the BRRRR process can vary depending on a few key factors, like the condition of the property, your financing strategy, and the speed of contractors.

It can be done quickly but it depends on your willingness to get uncomfortable.

Therefore, your long-term income depends on the city's ability to attract new companies.