Hey Zachary I think it's essential to look beyond mere interest rate differentials and focus on strategic benefits, particularly if scaling your portfolio is a long term goal.Key considerations:Pre-payment penalties: Determine if the HELOC has any penalties, impacting your flexibility payoff.Scaling strategy: Evaluate the scalability and limitations of each financing option.Advantage of HML: Allows scaling without hard credit pulls, and no pre-payment penalties.Holding costs: Factor in not just interest rate differences but also ancillary expenses as well as overall goals of scaling.Example scenario:Property purchase for $120,000 with $30,000 renovation.

One of the impacts is going to be making it more difficult for guests to afford our nightly rates which is going to create pressure to reduce them.

If more retailers vacate their space than those properties are at risk of losing tremendous value as it will be difficult to re-lease to a tenant that is not impacted by California's high costs to do business. 

I am very new to REI and would like to know if this is a great opportunity to buy in an up and coming area or if the residential properties will negatively impact my ability to rent out my other unit.

And there is damn good reason for it, the operational impact and expenses will eat you ALIVE! 

Your offers, how they are presented, how you communicate them, what terms are in there, the disclosures or requests you put all make an impact on how you and your offer are perceived by an agent and thus to the seller. 

Amazing how that can have an impact on our drive, passion for learning, and resolve to be financially secure, huh?

Madison was always more of a college town, so it was not impacted the same way.And MKE has a wide variety of neighborhoods with very different ptice ranges, look up Whitefish Bay or Wauwatosa, they are expensive. 

In regards to that impact on society, it's going to be imperative to function.

Impact of refinancing?