You will need a local attorney to close on a house.  

Lower Repair CostsHiring licensed contractors for minor fixes can be costly.

Months later, Tenant is now claiming close to 10K.

In general, the higher valuation properties with views or close proximity to water have higher rates of returns.

The land itself ran us about 3600/ acre, (480,000) and approximately another 20,000 in closing costs.

HELOC: A cash-out refinance could be more beneficial if you're looking for a lump sum to purchase the new property outright, particularly because interest rates may be lower than a HELOC.

Unfortunately, my units do not have any amenities besides being close to downtown.  

For an absentee landlord, it would seem that a condo could have less maintenance headaches than a SFH and lower risk in general. 

The equity is actually what you are paying for the property.In this case let's look at the numbers that count,...the current numbers.You have about $500k or more in equity, which is buying you a property that's worth about $700k (I went with the lower PV. 

From designing the marketing materials to engaging and closing the prospective investor Matt and his team have every aspect of this training covered.