It is a terrible investment income property.

That’s terrible marketing.

I started removing it using that Beanie do remover but it is messy and terrible.

You have a terrible PM and should tell him to reject the applicant.

I got quoted 10% interest and 2 pts which isn’t terrible up to 65% arv.Now my question should I use the heloc on home to make the monthly interest payments on the hml to keep my cash on hand or use up my cash and use the heloc as gap financing just in case I need it? 

Hired terrible contractors on numerous occasions. 

I know it was for me, bought my first house (primary residence) in Oct'07.....terrible timing. 

These have to be "war zone" D Class neighborhoods that you don't want to buy in for the long-term or it's a terrible rehab that is going to leave you with problems. 

Generally Texas has not seen a terrible real estate downturn since the 1980s.  2008=2010 was mild as compared to the nation, but the next downturn in Texas is going to hurt.

if looking for appreciation(terrible strategy) look further north, in florida, there are plenty of smaller communities that are predicted to grow with our aging population.