“The merits panel now has the appeal, which remains expedited, and a briefing schedule will issue forthwith.

With respect to paying $44k off on your HELOC, I personally think that is totally fine and a great start. 

He believes that area where he will be buying the new homes is going to appreciate and attract more MTRenters, but now, the big difference is that he would now have 3 properties that can go up (or potentially down) in value, go up (or down) in rent, and three times as many vacancies to fill.My back of the napkin assessment is that for only a drop in $200 a month in cash flow, he would control a lot more assets with growth potential and as rents rise over the coming years, the combined rents will increase to a total more than the single rent.HOWEVER.

Hi Bobby, I'm the ops manager for the Property Management Division at Milestone Premier Properties and a licensed realtor and investor.I actually live in Denton too butour brokerage is based in downtown Denison where I commute 2x a week.

Needless to say a lot has happened since I closed my 16 unit a year and a half ago.

Are you able to share your preferred list of pre-qualifying questions when talking to sellers and a list for buyers?

Having a reliable local team, including a property manager and a realtor familiar with the market, is the best way to avoid high-crime areas.If you’re leaning towards Richmond or have more questions about the market here, feel free to reach out.

No guaranteed way to stop a determined, experienced thief:(Only deterrents that push them to easier jobs.The roof may be a good idea - until they figure out the just need a ladder to get up there and a rope to lower it down. 

Your plan to handle the strategic aspects remotely while a property manager handles onsite issues is smart, and as long as you log your work and stay hands-on, you’ll likely qualify for active status.

Part of that reassurance comes from bringing some experience to the table and a proven track record of investing successfully.