By the time I sold it, I was making $500/month more than the mortgage.  

Your time is also worth a lot and if it is a long ways away that makes it harder. 

At that point in time the market was still hot for properties at my price point in my buy box.

I asked about it and she and explained the 'why' everything else was good (employment, background, income) She has been on time every time going on 18 months  since she moved in.

When the ROE is significantly smaller than my CoC return (based on initial investment) I know it's time to make a move to increase the velocity of the money.

Quote from @Moe Aly: Hey Everyone, just wanted to introduce myself, first time using bigger pockets, I am responsible for the wholesaling department in our company here in Columbus ohio and we assign around 15-20 deals a month!

Quote from @Christina Venegas: Quote from @Dominic Mazzarella: Quote from @Christina Venegas: is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respondIt’s definitely possible to get a HELOC on a primary home, but most lenders have a seasoning periods which are typically 6-12 months after purchase before they’ll allow it.

I was hoping I could get some more general information on how this whole process goes and to inform myself on the pros and cons given im a newbie and don’t know much.

I'm considering giving the existing person who lives there say $50 for 30 minutes of their time to look inside for a few minutes, chat about their situation to see if they meet at least the minimum for consideration for being a tenant, etc. 

Are there times of the year I should invest in, such as first Quarter?