There are a few concerns that made me question going through with it, but I have a few contingencies for backup if anything goes wrong.

If you don’t have a backup plan, you’re in for a rough time.I don’t say any of this to scare people off—I’ve navigated all these challenges and built a great portfolio.

As a backup plan, if I have to go with a local PM company that only leases the entire home, could I use an addendum to add additional tenants to the existing lease while ensuring everything is legally structured?

Having a backup plan, such as a HELOC or alternative financing options, could provide added flexibility.With loans spread across 19 single-family homes, consolidating into a portfolio loan might simplify management and offer greater long-term stability.

I ran the numbers two ways: selling vs cash out refi back up to a 75% LTV.

To make it work, ensure your HML allows second-position financing, negotiate favorable seller terms, and have backup exit strategies.

.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.

Or, what assets are going to back up the guarantees?

Is the backup to use it as an STR during these months?

I have heard that some lenders are opening back up their HELOCs on investment properties, but they can be pretty challenging to get sometimes.