It's still a gamble though.

I'm actually the worst person to gamble with.

This is a business, not a gambling arena.  

It is good to know that you have chosen this career.

In my opinion, and I could be wrong, not only is the property expected to increase in value, but even if I utilize a HELOC to purchase additional investment properties, the rent roles will still be able to cover all expensesAs I mentioned in my post, if only I learned about BP sooner, I may have chosen a different property to invest in.

I understand that to mean you've chosen not to report it.

I live in S Fla so unless you gamble, just want management fees or are happy to park money... buying MF is not really happening ... right now it’s about waiting for nervous developers to capitulate in bulk or making deals with the loan to own lenders last in the door 

The path I've chosen will no doubt lengthen the time in which I will again become a healthy loan candidate.Some of my thoughts during the decision making process: A move was inevitable.

An expert you are not sir not by any means or you would have chosen your words with more wisdom.

It may be a good move, but it’s a known gamble as very few cash flowing deals are to be had there.