The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)

These loans require taxpayers to be current on all previous tax filings, highlighting the importance of expedited processes for obtaining necessary documentation, such as tax transcripts or copies of prior returns.

KNOWING real estate (or delivering babies) is a requirement for an expert. 

Many guests are fed up with all the chores AirBnb hosts require of them while charging cleaning fee. https://www.buzzfeed.com/alexalisitza/checklist-fees-screens....

Multi-family properties many times provide a better return per square foot than single family, which would be to your advantage as well.As long as you're mindful of the reinvestment requirements and purchase at least as much as you sold and use all of the proceeds, you shouldn't have any issues with this strategy.

Balance debt and cash to preserve flexibility and scale efficiently.This post does not create a CPA-Client relationship.

Of course it is always a balance between rate and occupancy.I probably will never do it , but often dreamed at one time about buying a small hotel. 

With Chicago's new Express Permit Program, it's a bit easier to get permits for work that would have previously required architectural drawings. 

It is also important to consider the transactional fees associated with originating the HELOC, whether an appraisal is required etc.

You should not get a PM until you have scaled to a level that requires it.