Going in I can pretty much tell which option will be worst case scenario but I like to run multiple scenarios for my joint ventures

I am focused on management vs. acquisition since it is just getting beyond ridiculous in Minneapolis and I don’t personally have the excess cash to jump in. I

@Steve Sherman - Thanks, I really like the area that I chose to invest in.  I

You can do a cash out refi as a NOO loan at 70% LTVI believe HELOC's have the same OO vs NOO rulesYears ago I was doing a OO refi and my lender was dragging his feet.  6 weeks in I found a new personal residence and because I had intent to move I have to refi it as NOO

The area the property is in is solid, but definitely outside the area where students rent. 

@Carolyn Keller I would have asked for an adequate security deposit when they initially moved in. I

What condition is the property in?  Is

I have been posting about different markets that I am interested in investing in. I

The seller is considering listing the house at $190k, which I believe to be above market average price for the state the house is in.  I

If there is a new 600 unit building is going in, I don't think I would consider touching it, especially if the numbers do not look really good in a stressed environment.