Along with risks of natural disasters some areas of the country are also more litigious or even have more uncertain jury pools and that can also play into insurance pricing.

I own/operate over 150 units in Pittsburgh and you can find every sort of real estate investment play here.

There are dozens of metro area which all have different dynamics at play.

hold some of that initial 100,000$ for reserves. if you spend it all and something goes wrong you wont have time to accumulate profit the first year to really afford to fix anything. then you'd be dependent on personal income or another loan to fix the issue if one arose. play it slow and safe at first while you figure out the game and take some initial hard knocks that are bound to come. 

Of course, I had learned to play by the rules a little better by then. :)

I would take the gamble that rates will fall on their own over the next 3 years and live with the result. 

The condo proceeds from the HELOC used as a down payment will not be taxed.The tax will come into play when the condo is sold.

It can also be used to track and pay mortgages, taxes, insurance, and other expenses.How to get it: The Empower app is available from the App Store for iOS devices or Google Play for Android devices.Cost: Free2.

Having two solid paid off investments is more than enough, and I'd argue that it is even a better play for most people than continuing to scale and scale for the sake of scaling.  

Hey BP, I am currently playing my last year of baseball at the University of Memphis.