The hardest part is taking that first step, and you’ve already done it—now it’s all about being a sponge and jumping in when the opportunity feels right.I am happy to answer any questions you may have.

Quote from @Tio Sam: Hello everyone,This is my first post/question.

I have similar questions to Joe; are you expecting too much from a requirement stand point (aside from the alcohol)?

However, the fact that your tenant intends to pay $800 through the app while their rent is $1,200 raises questions, it’s worth clarifying whether they plan to pay the remaining $400 separately and how that affects both of you.Before signing up, consider reviewing the app’s terms, checking online reviews, and confirming how quickly payments are processed to your account.

If you truly enjoy property management, it might be for you, regardless of financial consideration.If evaluating the question purely from a financial standpoint, it comes down to the value of your time. 

Feel free to ask me any questions—I’m happy to help!

Feel free to reach out with any questions!

Pinterest is a huge one.Once I know the answers to these questions I can give you some pointers.

My question: Is using a HELOC the best option, or should I consider refinancing my home for a 25-year term and putting all my rental income toward it?

Gene,Feel free to reach out and ask me any questions you want I am very familiar with DSCR.