Goal is to double the equity ( nothing guaranteed ) in 3 years or under time between equity growth and cash flow.I stick to more strong suburban to urban core markets.

The biggest things to compare: location, beds/baths, square footage, quality.Keep in mind, there may be ten other homes priced at $1800, but that doesn't mean they actually rent for that price.

One already had electric heat in the upstairs unit and the other duplex needed a new boiler when we purchased it anyway, so we installed a new propane boiler for heat/hot water in the large unit and a couple Rinnais in the 1-bed unit.

@Matt J.As an out-of-state investor in San Diego, key tax and legal considerations include filing a California non-resident tax return for rental income or capital gains, managing double taxation with potential tax credits from your home state, and complying with withholding requirements on property sales.

Norada’s promissory notes generate predictable monthly passive income transferred to the investor’s funding account via ACH,” ( Link ).Santarelli confirms these fixed, double digit returns in a detailed YouTube video presentation (Link, at 35:08).

What is a storm rips through and trashes the roof, BUT the condo project does not have enough insurance coverage to fix it, the value of the all the units in the project just went down. or, even if they are able to fix it but  the coverage premium doubles so the HOA has to double the monthly HOA dues but half the complex can not afford it? 

Double check so you are budgeting correctly.Last, I would generally NOT recommend you use your Heloc for your repairs.

If the loan is maturing in the next few months, the owner has no way to refinance at the current high rate, since the cash flow will not qualify for the double high interest rate.

My wife and I own four units and we’re making the jump to double digits.

Selling an investment property can feel like a double-edged sword.