@Holly Thorsen see above for potential challenges tapping your equity in the rental.You only need 5% down for a regular mortgage, 3% down for an FHA mortgage - so why don't you have the funds?

In this situation the tenants attended gatherings late into the night and would regularly return to their room extremely noisily at 4am.

I can finance regularly with non recourse and have a note of about 75k less the down but plenty of funds just sitting there in the solo doing nothing.

Regular LTR's in DET would be fully managed.

But in reality you might just want to think about using a standard savings account And taking a hit from inflation on the cash because the delta from the higher interest account to the regular account is not really that much on small amounts.

How to Track Regulatory ChangesStaying up-to-date might seem daunting, but the right strategies and resources make it manageable.Key Resources:Local Government Websites: These often publish updates to zoning, rental, and housing codes.Real Estate Associations: Organizations like the National Association of Realtors (NAR) or local landlord associations offer regular updates and seminars.Newsletters and Blogs: Subscribe to reputable legal or real estate blogs for insights into upcoming changes.Professional Advisors: Build relationships with real estate attorneys and property management professionals who can provide guidance tailored to your market.Pro Tip: Set up Google Alerts for terms like “rental law changes” or “landlord regulations” in your area to receive real-time updates.3.

These logs regularly end up in the Tax Court and are usually destroyed upon review.

You‘re welcome to join my regular meetups in Bad Kreuznach or Wiesbaden.

I run into properties with 300-400% ROI on a regular basis.   

I used to live in Tokyo for 6 years and would like to find a reason to go back more regularly but let me know if you want to connect!