If there are any platforms offering more attractive terms on the HEA than the HELOC it could be an option. 

There are some solid advantages here: new construction typically means lower maintenance costs upfront, modern amenities that attract quality tenants, and potentially higher rental income.

Other attractive areas include Pittsfield, Providence, Manchester, Nashua, Rochester, and Connecticut.

Most of the bids I got from them were wildly over the top for the job needed, and they'd typically tell me they couldn't get an alternative bid.

The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.

That was one of the attractive points for me, since several other deals I joined in the last few years have had capital calls due to increased debt costs.One concern I have is that, while they claim vacancy at the property is 7%, I see quite a few listings on apartments.com for the complex that indicate a higher number. 

Additionally, I think a new build would attract higher quality renters.

Alternatively you have your quote and would make the repairs for $XXX...it seems this has somehow turned into a tenant right that simply doesn't exist.

.), where things are (cleaning supplies, trash, etc.) and points of interest in the area (such as local attractions and restaurants).As I am new and definitely still learning, if I missed something please let me know.Wish you the best as you get set up!

Backup alternative in this area is redevelopment to condos if an owner preferred that route.