@Noah Bacon I think the fact that they are combined could be a reason this is a less-popular forum.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

The best scenario is a combination of all 3 or some other unfair advantage.BRRRR is a cute term, but let's call it what it actually is - you're taking on a mess and long list of problems that someone else could not solve.

Or what combination of both?

As of now, there is the community and masterclass combined. 

There are lenders that will allow up to high combined loan to values for helocs and/or second mortgages. 

Property was just a good combination of the "right place and right time."

To me, the kitchen is no different than the garage and the workshop, its there to do a job, and one that I am going to use as much if not likely more than my garage and shop combined.

Yes, Vermont towns have the option for a 1% local options tax in addition to the 12% combined tax above. 

oops"), unemployment increases, you get a crap diagnosis, if life "happens" to you, and all of the sudden you are unable to keep afloat all of your negative cash flowing properties, do you really want to be in a forced liquidation position in perhaps what could be a buyers market in the future?