Then, before buying anything else, make a list of all the learnings you got from this experience, and then list the systems and policies you'll put in place to ensure you never do this again!

As an asset, it will keep going up, but with your rate versus the current rates, refinancing isn't an option so you could only use a HELOC.Based only on what I read, I would hold onto it because it's a good asset in a high-appreciation market.

That typically results in a higher payment and an open end mortgage (Credit card) versus cash in the bank that can act as an Asset and PITI reserves where a Heloc cannot.Feel free to reach out if you have any questions, I enjoy helping and talking REI.

Develop a system and checklist.  

Good Morning! I see a lot of conversation about HELOCs and HELs - but not a whole lot about a second mortgage as a option to get started. About me: owner of a primary residence, looking to get a multifamily (preferred...

These include the expansion of the VIA Metropolitan Transit system, enhancements to the city's fiber optic network, and the development of smart city initiatives.

The first one (about a year ago) was not productive at all for me but honestly some of that is my fault because I just didn't have a great follow up system in place.

A prospective tenant may schedule a showing time through our system after being verified.Our system will automatically send a lockbox code to that prospective tenant that's only valid for the scheduled showing time they signed up for and will change after that scheduled period ends.

They promote a lifestyle versus how to actually do something. 3.

Not sure how this helps, but they seem to have a system they like to follow, and their LLCs hold general troughs of investments, i.e. all syndications go in ABC LLC, all direct holdings go in XYZ LLC, etc.From protecting your liability that may arise from an action taken by the syndication, I can't imagine you would create any real protection there.