You are only budgeting 3% for repairs and that might be ok immediately after a rehab, but a few years later that may be back up around the typical 5% that most people cite as a reasonable amount to budget. 6.

My first Airbnb was a room in my house that brought in $1500 a month. 3 years later I have 7 Airbnbs that collectively bring in $12-14k.

Should we be doing this HELOC if we are unable to pay it back in full at a later date. 

Partner Driven, in collaboration with Seth Choate, purchased the property for $390,000 and sold it for $425,000 just a few months later.

You can do that later.

Later

I would personally do the later, keep the interest rate, and start your rental portfolio.   

This progression is typically more effective than starting with a single-family home and trying to move into multi-unit investments later.

We always used private loans from people we knew and then later networked with or were referred to us.

If your bored driving around I have a duplex for sale 117 S 4th Street if your interested send me a messageHey Brent, any chance this is still for sale 4 years later?