The hot tub was just for the luxury of having it, but we justified the purchase by increases the AirBnb nightly rent.

I do not think they are sketchy is just that they do not go by all of the state regulations and they might charge you a cancellation fee or increase rates more often.

We would now like to increase our access to cash via a HELOC that incorporates the new ADU in the appraisal. 

@Brian Quo50k increase per year on say a 1million dollar house is 5%.

In those situations, focus on value-add opportunities—like rehab, repositioning, or optimizing expenses—that can increase the return on your investment.Keep in mind, the 1% rule is just a quick filter.

@Calvin Thomas Grant funding I think will actually increase prices as the grant money comes from taxes so you are paying it anyway.

So I actually started off doing PPL but after a couple of months of using them the price exponentially increased.

You'll potentially increase your stress, fail to replace your lost income, and possibly lose part or all of your investment property equity.Focus on replacing your job and stabilizing your finances.

I used the calculator today and it was adding cashflow during rehab months 🤦🏻‍♀️I also noticed that rent did not increase for years 2-30. 

Market in a MinuteEast Tennessee home sales decreased 7.8% from the previous month, and decreased 1.0% from a year ago.The median sale price was $371,250 — up 9.19% from the previous year.Total housing inventory increased from the previous year – up 38.3% from a year ago.Half of the homes sold were under contract in 20 days or less, up from 11 days a year ago.40.55% of homes sold for the asking price or above, with 18.77% selling for more than the asking price. 8.04% sold for at least $10,000 over asking and 2.88% sold for at least $25,000 over asking price.The sale-to-list price ratio decreased from last month to 97.5% – down from 97.9% a year ago.New construction represented 12.36% of total home salesData Deep Dive: How's the market?