Its a process to do each loan, but it shouldn't slow the process down dramatically at all. 

The return will drop dramatically with a refi or LOC. 

Depending on your market, they can be dramatically different.

Not to say at all that it's not doable, but each of those factors by themselves increase the risk dramatically.

For example in some states the property taxes for an owner occupied home are dramatically lower than when investor owned.   

Their comments serve only to boost their feelings of self importance.If you need any help feel free to ask.

Furniture and renovation financed by HELOC, $27,000 @ 4.5% over 5 years = $500/moRent - $3,000/moPITI + PMI - $1350/moHELOC loan - $500/moUtilities - $350/moMaintenance + CapEx - $400/mo (Roof and windows are new, exterior is brick, HVAC is all-new)Cash flow - $400/mo (18% COC) This return does not include equity capture of $260/mo from mortgage paydown (boosts return to 30%), appreciation (anybody's guess, but at least the rate of inflation), or the biggest of all, rent avoidance for our daughter of at least $550/mo (boosts return w/o appreciation to 56% annually).Besides the great returns, another reason for buying the house is the example of living in a money-making house to get our daughter comfortable with house hacking. 

So I have a property I got under contract Friday and thought I had such a good deal buyers would line up but that’s not the case. Am I over priced or do I need a different exit strategy or just keep going? Arv-104K
Re...

Those are all up-and-coming markets although the Raleigh-Durham area has already seen dramatic price increases.

I have a rental out of state that has dramatically appreciated in the 24 years I’ve owned it (paid $110k, MV is $340-375k).