The whole house needs to be remodeled due to lots of wear and tear and being outdatedI am planning to use a HELOC on my current property for mostly all the repairs.

Is he just wanting to dump the property or trying to maximize profits. 

Why not save more money and look at higher value properties?

I mean one of these posters was told their "turnkey" property had dangerous sidewalk conditions questioning how "turnkey" the property was and their response was the tenant's don't care about the sidewalks.

Purchase price: $255,000 Cash invested: $60,000I bought a condo back in 2019 in Ashburn, VA as a rental property.

Quote from @Neal Schadler: I have several properties in Cleveland and the surrounding areas.

The first mistake is the property is free and clear.  

Your ability to turn around a property with an 11% cap rate is a pretty strong selling point.

Hello – I am looking for a Tax professional to help me file taxes after the sale of a property.

Almost everything can be done virtually these days including many property management functions.