They should do a cash out refinance or a HELOC when rates go down to tap the equity. 

However if it is a larger property I comp it like I do a commercial property with a cap rate and with cash flow.

Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.

How much will be the interest rate, and terms of the loan. 

If they have a good interest rate it might be worth looking to see if you could assume their loan to take advantage of the lower rate.  

Can someone please let me know if this is ok for my first BRRRR.I got a $200k HELOC on my primary residence to help fund my first BRRRR. I bought my first investment property cash, for $101K. After closing costs, it w...

They lowered the “taxable value” by 40-50% and then raised the tax rate about 35-45% lowering everyone’s taxes that year.

I went to school at Washburn and my thoughts and numbers are pretty thin in Topeka.

One difference was to have two properties appreciating (though at very different rates as they were in different areas) instead of 1.

To check the proof in the pudding: look at Avantstay's host ratings on Airbnb or other platforms.