The current landlord for this property is kind and is more willing to pay for replacements on the home which I believe is mainly because she used to live in the home so I didn't really need to spend much for any problems that arrived other than minor things the home is over 150+ years old so it has its quirks.The tough part is that I am paying a bit more in rent for this home but it has a lot more potential than my other unit, it has a good-sized backyard which I'm debating on adding a hot tub or a fire place but seems like a fireplace may be better maintenance and cost wise.

It would take several years to achieve that rate and you would have lost a ton of cashflow waiting for it to arrive.

It's just compound interest, same as your credit cards (average daily balance times the monthly periodic rate (or some similar formula - check the terms of your HELOC) plus 1/120th or some similar fraction of the principal balance to arrive at the monthly payment).Also, check your definition of "amortization".

After the 08 crash, I started buying rentals and built a portfolio of 80+ sfh's - all three bedroom homes in areas with good schools.My mistake was selling a bunch during covid.

When the money dries up, they'll leave just as quickly as they arrived and you may be stuck with a real mess.If it can produce more money as a short-term rental, do it yourself.

Property taxes are especially high, as the city by default increases it at 2% per year even though market value of those condos have crashed by over 10%. 

There are pros and cons to using DPA with your average conv/fha loans ( yes this is how you arrive at 0% down or 100% CLTV or combined loan to value financing).Conv and FHA lend up to 95-97% so that remaining 3-5% down is covered or partly covered by the remaining local DPA programs.

Ill send you a private message prior to my arrival to SA so we can meet.

It was truly the wild west.For the same reason I said several years ago the price of houses weren't going to crash due to supply and demand and the supply being so low, I believe the same thing is going to happen out here.There was an oversupply of building going on 2 and 3 years ago out here especially on the bigger cabins.

A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants.