Using a recent example from one of my deals, I saw firsthand how inaccurate comps, misclassifications, and unfair adjustments could impact an appraisal by tens of thousands of dollars.I’d love to hear from other investors—have you ever had to dispute an appraisal?

Also if you have significant wealth, using a good PM mitigates potential risk and headaches.

I figured why not just use a banks money instead of using a customers money and not have to deal with picky customers.

My question: Is using a HELOC the best option, or should I consider refinancing my home for a 25-year term and putting all my rental income toward it?

8. 1031 Exchanges: If I sell one of my properties, what steps do I need to take to defer taxes using a 1031 exchange?

Are you just using a number like AirDNA provides or have you dug in and found comps? 

Is using a self-direct IRA to fund this venture a way to defer taxes until retirement ?

Using a local real estate lawyer is useful and cheap.

Most who struggle with construction approach ground up construction using a generic cost per sq ft analysis which often backfires. 

@Jeanette LandI always recommend using a tax professional.