It would take around 5 years to pay off the HELOC by using some of the monthly rental income from two investment properties.

I am in Milwaukee, very hot rental market.Whenever you have an issue like this, think with an XLS and project dollars, for example:- 2 months lost rent: 2 x $2000- 5% lower purchase price: $15,000 

At this stage in my life, these equity plays are more impactful than holding onto a property for a couple hundred dollars of monthly cash flow.What’s your take?

TikTok probably the 3rd largest in monthly viewership, those eyeballs need to go somewhere.

If I did short/mid term rental I could do about $3.5K/ month for 10/12 months.

A recent example, “How much is the monthly association fee?”

We host one every month in Alexandria, VA 

Many lenders will allow you to do a BRRRR and take cash out, even without owning the property for 6 to 12 months.

You may make $50k on a flip but have to wait 6 months from list. ( in specific areas - not all of CLE)As a full time investor turn time is hyper important for me to turn my properties and money over as many times as possible in a year.Another example is are you a flipper or a renter.

It also requires different reporting of that separate interest expense on the K-1 each year so the partners know they have the obligation of tracing that interest expense to however the partner used the distributed proceeds.I typed all this up and realized Mr Brooks has left the building and posted this 6 months ago, but hopefully someone else will find this useful!