HOA fees and redtape also added to frustration and will be avoided int he future.

Lending can allow you to be more diversified and since it is short term, avoid getting caught in large downturns in the marketplace.

It does have a few down sides but not enough to avoid doing it completely.

If you’re planning to hold the property long-term and want to avoid potential roofing issues down the road, I would lean toward the standing seam steel roof.

These allow you to bundle renovation costs, and if the post-renovation value meets 20% equity, you may be able to avoid PMI.

In my opinion, you need a standard (eg. no felonies) that is written and followed consistently to avoid fair housing issues. 

Any issues to look out for or avoid?

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

By making partial dispositions, you can also avoid subsequent recapture on these items when you go to sell.

If you take the cash out through a refinance you avoid having to refinance again in 3-5 years.I see a lot of investors get stuck with high DTI issues when trying to use a Heloc to buy another property versus a cash out refinance.