I am a fast learner with a deep appetite for knowledge and an incredible self-drive. 

I am a fast learner with a deep appetite for knowledge and an incredible self-drive.

Not every lender has an appetite for investment properties right now.  

And for doing an equity line, just depends on your appetite for risk: some people won't touch the equity because it's putting their primary residence at risk, while others do it all the time.If you do proceed, of course run the numbers.

Note that most counties will not track down the heirs to pay them any excess proceeds from the tax sale. 

I have an insatiable appetite for learning about real estate investing and am ready to take the next step forward.

What is your appetite for rehab?

Through a combination of devices like NoiseAware and Ring doorbell, there is potential to automate messaging to guests that there is excessive noise or too many guests at the property.

This could be things like excessive deductions or I have heard people claim they did a 1031 exchange after only three months of owning a property.

Therefore, my net gain after the sale, and paying off the existing mortgage, was $10,261.Summary of NumbersBelow is a summary of all the numbers.Total Invested of my Own Money = $0 (given I used a HELOC to fund this investment)Total Earned from Sale / Refi = $20,342.62Total Cash Flow = $1,047Total Earned = $21,389.42Why I SoldI currently have another investment opportunity I would like to capitalize on.In addition, given the age of the property (built in 1897), I could not see myself holding this rental another 30-50 years without significant capital expenditures, that were in excess of my original assumptions.Finally, I thought that this may be a better than average time to sell, given the current housing market.