Used a HELOC on a primary, and was sure that even with that additional debt-service, there was + cash flow.

So, if you have a W2 or cash flow from properties to build some reserve funding over time, then I would likely say know to additional funding from the cash our refinance.

Used a HELOC on a primary, and was sure that even with that additional debt-service, there was + cash flow.

Given appreciation is typically where you are making most of your return in any real estate, having this additional appreciation helps create much higher returns.Additionally, my single family tenants, typically stay a couple years longer than my duplex tenants.  

That present's an opportunity for additional capital does it not? 

In addition, the City of Cape Coral has updated codes and ordinances related to short-term rentals that are now available in a searchable database provided by Municode Corporation (3).Short-term rental limitations have been an issue in coastal communities in Florida, including Cape Coral, where investors can buy property and rent it out for short periods at high rents.

In addition, you can use apartments.com and zillow.com to research rents for comparable homes in your area. 

Contact me directly for any additional details.I didn't think about that but I will. 

Most out of states deals end up looking like an IRA, decent returns, safe but meant for very long term to get anywhere.  

Hey Elizabeth - I'd factor in about $10k to get a padsplit up and running when it comes to furnishing which would include washer / dryer, additional fridge, bedding/desks, common area furnishings if you want to offer a little better experience.I'm only familiar with ATL - I think accounting for 1 move in / 1 move out per month is a good conservative assumption here.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!