Choose,It's good to have a general guideline to start with, but as you gain experience in a particular market you need to adjust your numbers based on experience.

You are typically going to see WSJ Prime + .5-1 point adjustable with a floor.

Never assume anything with a newbie. haha I have reviewed the bylaws and through my untrained eye I did not see a clear statement about the windows, just general statement about adjusting the exterior of the building, so I have requested additional information. 

This is very true, and even more true in today's market where financing costs are higher but prices haven't adjusted fully to compensate this. 

Continuously learn and grow in real estate investing by staying informed about market trends, networking with other investors, and adjusting your strategy as needed.Best of luck on your real estate investing journey, Dana!

This allows you to adjust your budget as you go, based on actual costs incurred in earlier stages.Given the specifics of the property and the ARV, your $60k estimate might be in the ballpark, but it's essential to validate this with as much local input and professional advice as you can gather.

Yes, if you change your single-family home from Short-Term Rental to Long-Term Rental in the second year of ownership, you would need to adjust the depreciation schedule for tax purposes.Recall for residential rental properties, the IRS allows a depreciation period of 27.5 years under the Modified Accelerated Cost Recovery System (MACRS).

Can someone with a lot of experience in TDs and stock-index ETFs compare these two investments in terms of risk-adjusted returns?  

Cash-Out Refinances(B) Maximum Mortgage Amounts(1) Standard(a) Maximum Loan-to-ValueThe maximum LTV is 80 percent of the Adjusted Value.

If you have 3 properties you own for cash, that cash flow is good so I would think about the HELOC because that will adjust the overall cash flow of the units and add another liability.