Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

They seem to cover all sorts of topics, beyond investing, and certainly talk about real estate investing within the forums/courses, etc.  

Stainless only.Various Prices - Neween 100% Waterproof Sofa Cover - https://www.walmart.com/ip/NEWEEN-100-Waterproof-Sofa-Cover-...If you are thinking about allowing pets, these are a must buy.

@Sebastian BennettSpecial Method Training Programs focus on a specific strategy, providing structure but not covering all questions or decisions as you grow your investments.

They might not even cover it if they know it is a rental.

With $19K invested and a $71K purchase price, your cash-on-cash return should be strong if the rental income covers expenses and leaves room for profit.

For further learning, here are some solid bookkeeping books that can enhance your knowledge:"The Book on Managing Rental Properties" by Brandon Turner – This book covers not just the property management aspect but also has sections on bookkeeping and managing finances."

Using your example:ARV = $250K75% of ARV = $187.5KSo, theoretically, you could refinance up to $187.5K, which would cover your $150K (purchase + reno costs) and leave $37.5K in equity.

We have many accounts to cover my day job, our properties and our personal finance. 

I'm interested in everyone's opinions on using a HELOC to purchase turn-key rentals for the short term and covering principal paydown across all new mortgages / loans ( HELOC ) through excess income.