That means in two years you would be made whole...and the cashflow is all pure profit.CoCR is a great way to measure a good deal. 

However, being in the “accumulation phase” (early 30s), I figured I can sit on the 30 yr notes and let others pay them off.To tap into the appreciation equity I have opened a HELOC out as well, but really haven’t used it.I was considering putting this money into one of the online crowd-funding syndicates at a higher rate 8-9% and aiming to generate a paltry 2-3% more than the HELOC rate.

Basically, I was prepping to lay sod and an EPA officer wrote me a ticket for not having a specialized permit and erosion control measures in place. 

Using leverage is fine... its the level of risk, and each investor has a different plumbline by which they measure how much risk is comfortable.I keep my properties in separate bank accounts. 

I do aim for about a 10% cash on cash but with the market so tight and evaluating over a ten year hold I typically focus on an IRR of 20%.

., if you're saying that so far, your out of pocket costs are $21.5k ($11.5k deposit + $10k rehab), and that a refi would still leave you $12.5k out of pocket, then that just means the numbers weren't ideal for "BRRRR" (which aims to get you all your outlay back). 

Also, aiming for 70% is a great idea to create a bit of a cushion. 

Silly.Risk is a measurement of potential negative variance.

That takes getting the roof fixed, the AC running and probably putting in some dehumidifiers and running them until the wood measures below a reasonable humidity. 

Don't aim at finding a lender, look for who service the lenders and they'll make the calls for you.4.