Then, you can calculate how much cash this property(ies) is going to eat over the period you plan to hold it and see if what you can sell it for (less commissions, taxes, etc) will produce a profit.

If you have any further advice, particularly on assessing due diligence with updated systems and recent price reductions, I would genuinely appreciate it.

Update: been using Doorloop for 1.5 months.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Can someone update us of timeframe to resolve the issue?

I am a landlord, broker, investors, etc. and have section 8 tenants as well - luckily I have a good relationship with my tenants but man oh man... dealing with their case worker was almost like they were paying out of their own wallet for a rent increase when in reality HUD had updated rent guidelines.Do you not have an online portal or account that you can access the section 8 landlord portal via?

If it just needs some paint, updated, bathroom, new appliacnes, ect. 

Quote from @Scott Trench: Does the math change on using a HELOC if you use the HELOC for a short term period, until completing a cash out refinance on one of the LTR's that I own?

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

With our DSCR loan, there’s no seasoning period, so you can refinance as soon as the property's ready!