Got an equity line of credit and borrowed from it to pay cash for the property.

On utilities, I bought a foreclosure in NJ and found out it was not attached to Town sewer and I actually had to extend the main line up to my property then put the lateral in and abandon an old cesspool.  

Just make sure the bed/bath count is correct as it can affect the income drastically 

We have several different people lined up to clean ours depending on time of day and how much lead time we have.

McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.

@Paul Lucenti  "I don’t believe there can be a bad asset - if something is lining your pocket and you are establishing equity, that really cannot be bad.

do not use a line of credit for a down payment. 

Off-market, agent-listed, or are you networking with other investors who have deals lined up?

My project is expected to exit this year and it appears that will happen as expected and in line with projections or maybe a little better.

Alpesh,No bank or lender is going to give you a Home Equity Line of Credit If your property is under a LLC. your ratios is too risky at this present time.