Not the best time of year and we're in an emerging market area about an hour outside of Charlotte, NC.30Y DSCR c/o Refi's have already been done on every eligible property after rehab / 3 months seasoning.As more of our properties come up on 1+ yr of ownership, despite losing likely future appreciation of 25-30%+ annually and paying a 5% PPP, I are open to selling some houses off to start paying off much of the high interest debt accumulated outside of mortgages. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

In MN it feels like NJ and NY has long bought up every section of decent future developable land.

If you prefer a nicer home with future equity growth, White House might be the better choice.

Consulting a tax professional now can help structure ownership and financing efficiently, ensuring you take full advantage of deductions, depreciation, and potential tax-saving strategies like 1031 exchanges in the future.This post does not create a CPA-Client relationship.

What steps do I need to take to make sure I can get this going as smoothly as possible especially when it comes to resale in the future?

Bulldozed the house and plan to build a new house on lot in the future Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am thinking about the future and how I will purchase properties in the future.

Also, factor in potential interest rate changes if the HELOC isn’t fixed.

Interesting - I think it may be a good idea to run full returns on your properties - cashflow, plus loan paydown, potentially appreciation and tax benefits.