If it's in your name you can look into the potential for a HELOC or potentially refinance to pull out some of the equity you've created, but you'll need to do the math to see if you're payments will increase based on the new loan terms.

Also please let me know if you’re interested in chatting about potentially working together!

As you pay expenses for the month, the HELOC balance gradually increases until you effectively have the same principal balance on this HELOC combined with the Mortgage as you would have with the mortgage with an accelerated payment.The picture attached shows the comparison and how the HELOC method averages out a lower average debt level resulting in lower interest.That said, the total savings and ability to pay off the mortgage faster is minor compared to potential HELOC fees and risks, so I don't see it being worth it.I am also new to this, and would love for a critique to show me where this might be wrong.I would share the excel model, but I am not sure how to do that.Thanks!

One of the potential advantages of property managers is access to the vendors they use. 

Just like when evaluating a potential purchase you should be performing the same due diligence with rents.

I'm currently reading David Greene's book on BRRRR and was curious about how you all go about planning or visualizing added rooms to potential purchases. 

(cash flow, tax benefits, potential for appreciation) Whats the timeline?  

It's not a real common concept here in DFW area, but I love it.Buyers have no downtime, no rent rate risk, lower vacancy risk, potentially instant cash flow day 1. 

These properties often come with fewer competitors, less pressure, and the potential for creative financing options.

I’ve been doing well since raising the rent this past May—looking back, I’m glad I made that move, as it’s helped me stay afloat financially.I currently have a few potential buyers who’ve submitted offers around 85-90% of the property’s recent appraisal value.