Home equity is 6-7% depending on length 5yrs vs 15yrs a 30 yr mortgage is 6%...Ideally rental stays rented out bringing in 1/2 of mortgage payment on new house based on numbers and is already cash flow positive bring in $1200/month (worth about 180k)and new property is going for 240k going rental price is about $2,000/month but I owe 18k still on private mortgage- reason I want to pay it off (4% flat 720 interest from cc for 1 year) to have it 100% paid off, then use home equity to pay off....or try to balance transfer balance after 1 yr which ever is lower but I figured that would mess with debt to income ratio and with this property being brand new, which is hard to find being located outside of closest major city...goal is to keep house rented out till it's paid off while also being cash flow positive with both properties combined and using paid off/ nearly paid off 1 to pay for 2nd rental, so I'd say lowest debt while also building wealth/equity not worried about a monthly/yearly profit per say as long as someone else is paying down the mortgage ie: my current property is bringing in $1200/month but current market value says it should bring in atleast $1500-$1600 but the tenant is phenomenal so she's paid same rent since 2017 I've put about 36k into between mortgage payments for 2 years and some up keep...she's put in the other 130k!!

Kitchen appliances rarely fail and washers and dryers are easy to replace as I mentioned in #4.

It should take rare events such as Great Recession or Covid to under perform an underwriting.  

Airbnb/VRBO do bring in about 60% of our bookings but that does leave another 40% to direct bookings and a combination of our other platforms (Marriott Homes and Villas, Booking.com, JetBlue and Allegiant Airlines, Google Vacation Rentals, and more). 

Partner Driven financed this deal through a combination of internal capital and resources provided by our partner, Seth Choate.

We MIGHT be able to find that if we get a home equity loan on our Texas rental property - but it would all depend what it appraises for... my guess is we would be a little short but could hopefully combine it with the builder refund.  3.

Regardless if they still have the dog, I wouldn't do anything until the tenants are out because a new lawn and a dog are not going to be a good combination regardless of who lays the new sod. 

I leaned doing business in Texas everyone surveys before closing. out in the west we rarely do that unless its acreage or some other special circumstances we simply would not have enough surveyors to keep up with resi transactions in a timely manner.. but I can see in Texas were the land use rules and no building codes or lax ones and no licenses required years ago.. that you need to do this.. you opened my eyes on that one. 

The combination should help you develop new strategies (money applications), and how and where to apply these strategies.2 - You don't need money, at least your own money. 

And as debt we have our vanilla make 8 to 15% with no upside.. but being first position debt downside is limited, of course you could have some loss in those deals but a 100% wipe out would be pretty rare indeed.