Are you currently living in the property?

Tenants in many markets already believe they pay too much (contrary to recent studies that show rent to property values have never been lower for the large US cities).If my insurance costs are not double my current rates over the next couple years, I will be pleasantly surprised.  

I currently work as a Pipefitter (think plumbing but on industrial steroids).

Hi Jeanette,What zip code is your current duplex in? 

Current HELOC rates are typically 8-10% depending on your credit and lender, though some banks offer promotional rates.

But each one brought me closer to my current business: Virtual Wholesaling.

What trends are local real estate investors in the Greater Nashville area currently seeing or interested in?

We don't rent that house  at the moment so I can't say what the current situation is.

How much does the current portfolio generate?

You will need to pay down the mortgage AND have the property appreciate to a point where you have access to equity above your current primary loan.