Make sure to have clear contracts in place for any tenant arrangement.

Are you thinking government spending is going to actually get cut and inflation was just a flash in the pan? 

Happy to answer more questions if the scenario is not clear.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

However, I did make a purchase in Pgh that is cash flowing,  but no equity so now I see more clearly what you meant when you said it’s better to have equity in the long run. 

When networking on BP or in person, being clear about your goals will make a big difference.Are you mainly interested in finding rental properties, connecting with other landlords, or exploring specific asset types?

I had been really clear about exactly how much money I had up front. 

If there's clear evidence of tenant misuse or negligence, I would proceed with charging the tenant.

As the prime rate gets cut, your HELOC rate (if variable) would come down. 

I would mention to them this is not going to cut it in the real world facing an attacker.