And I think one of the WORST ways to go it is "find an agent who also invests" because there going to pump JUST what they do as being "the way", because it's what they do, so now your pigeon holing yourself to "A" persons personal preference.

People assumed California would be the worst-performing state because the baseline level of affordability was so low.

Thank youGustavoYour first mistake was setting this up before getting the proper cross border tax advice.

That mistake could cost you hundreds of thousands. 

You'll be amazed at how it keeps you organized and prevents those dreaded oversights and costly mistakes.

The issue that I'm facing now is whether I want to pull it out against one of my rentals or on my primary.I have found a bank that will allow me to borrow as a second lien on rentals but their rates are higher than what I could get when just doing it against my primary.What I'm most worried about is what happens in a worst case scenario, should something drastic happen in the market.From what I understand, using the money against a rental doesn't necessarily provide much more of a safety blanket in case things hit the fan because if, somehow, the HELOC lender can't recover their money, you'll get sued anyways.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

@Ivan WudexiRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

 I’ll start and feel free to brag about your failure.   It will be fun and insightful.  Way back in the day, probably 27 years ago I owned the domain escrow.com.  And let it expire.   That has to have been the worse d...

@Stephen Branagan Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.