So, here are the basics based on my market, which is AZ.  

Make sure to run your numbers conservatively and based on the current as is value if you plan to go this route. 

Start to evaluate deals based on the income approach and you'll do much better long term investing. 

👋My name is Anthony, and I’m an investor based in East Hartford, Connecticut.

Keep detailed records of income, expenses, and improvements, and choose the right filing approach based on your comfort level with these rules.This post does not create a CPA-Client relationship.

Based on the above points, you asked us (experienced investors) what would WE decide.  

Based on the numbers seems like it was a straight forward conventional loan...any challenges?

This actually seems like a great scenario for a 1031 exchange based on what you've said.

I'm now based in Ohio, specifically Cleveland, where properties range from $100K to $300K.

Annual fee $25.PenFed - max 3 other properties, 89% LTV Regions- yes HELOC but no LOC SCCU Florida 70% LTV, 6.25% interest only, not LLC Sound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD Bank TIAA Direct was EverBank Tower FCU, all states except TX, max 45 DTI, green card ok.