Visit the property and learn about various renovation stages, gain insights from our experienced investors / speaker, and learn strategies for evaluating deals, managing budgets, and maximizing ROI.What to expect:Property walkthroughsReview before photos and discuss transformation plansDive into real deal numbers—costs, profits, and challengesNetworking with industry prosOpen Q&A session to ask anything about the process

I think it will also depends on state laws and a lot of information not present but the HOA rules and insurances are two different things.

Working with a turnkey versus trying to find a BRRR deal yourself are two completely different strategies.

Additionally, it feels the most appropriate approach for both profiles I described above and allows me to focus on learning one strategy.

Regards,VivienHouse hacking a 2-4 unit property is a convenient way to get started and a useful strategy for growing your portfolio!

The HELOC strategy may work, but many lenders are wary of putting a HELOC on an investment property and if they do they still cap LTV at 75-80%.

@David R Pustelnik recommend you first focus on raising the rent for the first time in 10 years.By the way, how much have your property taxes and home insurance gone up since this tenant moved in?

Welcome, Don - Are you interested in any particular strategy?

If in your shoes, I'd be sorting my marketing strategy, and jazzy ways to do my frunishings, marketing budget, how to Gorilla the hell out of it.

That should tell you all you need to know about your strategy to find best debt terms.