Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard? 

I believe it will be enlightening and will provide some clarity to my post.By the way I am retired on RE investing (actually i have made enough money in 3 different sources for most people to retire on any one of them). 

Welcome Drake,You've landed in a great community of lenders, investors, agents, CPAs, Attorneys and wholesalers.

A HELOC offers flexibility, while a HEL provides a lump sum. 2.

If they’re not able to assist, I also have other LAIC referrals as well that will just provide the service only.

I'll never stop investing in rentals though and providing properties for my investor friends.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The lot size, the pool, and the quiet cul-de-sac location provided great bones, and with the right upgrades and modern touches, it could command a much higher price in the competitive Hamptons market.

I think it is really up to what you can provide to the investor.