Just shop around online, look for properties similar to yours, add them to favorites and watch them to see how long it takes for them to rent.

Im not expert but Ive took out a heloc and dragged on going on my advise and it suckedHi @Mario Morales, There are 2 things I would pay attention to in the scenario you describe. (1) Most cash out loans are limited to 75% -80% LTV meaning you wouldn't be able to get all of your cash back out. (2) The interest rates I see in the market are closer than what you've listed.

It will hit hard on renewal and shopping for a new carrier.

Chicago, with its vibrant neighborhoods and strong rental market, is a prime location for this strategy.

Being thoroughly familiar with the local market is key.

This is especially crucial in urban environments where every inch counts.Enhancing Market AppealIncorporating elements that attract tenants—like natural light, flexible layouts, and sustainability features—can significantly increase a property's desirability.

I personally will not expand into a market without securing a reliable team first.Service Quality Over Price – While 10-15% may seem attractive, be cautious—cheaper often means less attention to detail.

If you own them free and clear you will likely only pay for title and transfer tax on the market value of the property if you want them to be under LLC. 

Firstly I apologize that I do not have any market insights data specifically, but Houston has been a rough market as valuations have pulled back.

We don't want to bring on every owner or every property unless they fit within our target market, so, I do the far majority of the sales - this is our check and balance.