I go every two weeks or so to cut the grass.

I looked into Pen Fed as they were one of the few national lenders that would do a HELOC and take a second lien position on an investment property.

- airDNA forecast increasing, >$550/night by 2021)Short term Rental Fees:-Property Mgmt (20% of revenue)= $1900.00 -Local tax (13% of revenue) = $1235.00General fees:-Mortgage Principal+Int: $1578-Insurance(monthly): $160-Property tax(monthly): $317-PMI: $200 -HOA: $0-Maintenance: $500/month -Utilities/electric: $250-Utilities/grass: $150-Utilities/water: $100 -Utilities/Internet: $70 -Cap Ex (saving 5% of revenue): $475-Vacancy (Saving 5% of revenue): $475——————Total: $7410$9500-7410$ = $2090 cash flow/month on average ——More traditional rental, eg month-to-month: 4 months per yearRental IncomeUnit 1-(3 bd/1ba): $2500/mo Unit 2- (1 bd/1ba): $1100/moUnit 3- (1bd/1ba): $1000/moTotal: $4600/monthGeneral fees:-Mortgage Principal: $1578-Insurance(monthly): $160-Property Mgmt (10% of revenue)= $460-Property tax(monthly): $317-PMI: $200 -HOA: $0-Maintenance: $500/month -Cap Ex (saving 2.5% of revenue): $ 122.5-Vacancy (Saving 2.5% of revenue): $ 122.5Total: $3460/month$4600-3460= $1140/month in cashflow on average

The trees are not encroaching on my property but they shade to the point that no grass will grow and consequently the yard is a sandy dirt pit which erodes every time it rains.

Meaning they have been promised repairs that are never made and they are fed up. 

I agree it even can make sense to take a lossif you can get into an opportunitybut according to Mungerwe only get a fewthroughout our livesand he's 95 in that YouTube LOLI'm cashing out for the crash,11 year expansion since thelast bottom feels way too long...Then there's $2T reverse repos DAILY,plus quant. tightening starting TODAY,and mortgage rates will get squeezedbecause they have to compete withexisting mortgages on the open mkt.as the Fed will stop buying MBSsso it looks like 20-70% down from hereto me in the USA depending on mkt.I disagree with Daliocash will be KING!

Based on the higher quality of borrowers, the current shortage in housing and the Feds reluctance to rase interest rates too fast I don't think the housing correction many are calling for will come.

I read this morning that the Fed signals bond buying taper coming "soon" and interest rates rising between now and 2024.Does anyone have any thoughts on if this will effect the housing market, mortgages & borrowing?

not just on the fed level but state and local as well. 

It’ll be refilled with cash flow as reserves are pulled.Cash Reserve (Vacancy/CapEx/Maintenance): $8,000Some plans going forward are look into ways to separate the water to each unit and possibly see if we can upgrade the back yard to eliminate grass.