If my Tennessee property gets hit by a tornado, I can move to my Alabama place.

Quote from @Themis Kosmidis: Hello everyone,My name is Themis Kosmidis and I have recently moved to the Cleveland area.

A lot of clients I work with in NY invest here because it's one of the hottest real estate markets in the US and has some of the best macroeconomics - population growth, job growth, and companies moving and developing here.

We see more investors making the move from residential to commercial/industrial.   

When a lease ends they’ll suggest new rents and if the tenant hold be offered a renewal. some will offer to transfer utilities for you when it goes vacant, all should handle the transfer when a tenant moves in  With 10 properties I don’t “talk” to my PM more than 2-3 times a year.

One of the benefits is that being on the loan can help build his credit, which will be valuable for his future financial goals.

Otherwise, that area typically moves decently.  

I moved to Rent Manager (RM) several years ago and couldn't be happier about leaving QB. 

Don't move and be miserable.

Leveraging your equity through a HELOC or cash-out refinance can be a smart move, but it depends on your risk tolerance and goals.