The shorter the prepayment term has an impact on increasing the rate.4.

@Kenneth Johnson, as eager as you are to get started, the best thing you can do it increase your earnings.  

Would you prefer they change their policies just to fill your rental quicker and then increase your risk of losses?

I do not plan on paying interest on the HELOC for more than 2-3 months, so I guess the better question is will my portfolio benefit from acquiring a 4th property by leveraging a cash flowing LTR and therefore increasing the interest rate and lowering the cash flow on that property?

We can likely agree that the market has been "increasing" steadily over the past decade.And as a last ditch strategy, ask the Buyer to work with a different lender (I'll do their loan if they want) and the new lender will order their own appraisal.

Charlotte is loaded with inventory are you sure this new build at Max cost is worth the headache versus a home selling for less that you can renovate yourself and increase the ARV?

The logic here is that it’s far more difficult (and costlier) to evict a nonperforming tenant than it is to screen for a good one.Like @Greg Scott said, see if lowering your asking rent increases the number of applications you receive.

Based on the data I was seeing in Airbnb, I can tell that the property was well located because my views and favorites in the Airbnb were significantly higher than the other properties in the areas, especially after the number of reviews increased.

I would then pass that on to you in a rent increase of $100/month more/less.

Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually when rents are increasing or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.