Prices there tend to be fairly high so make sure the financials make sense to you.If you're going the townhome route, make sure you fully understand the rules and regulations of that particular community.

Hi John, welcome to the community!

Welcome to the community and be ready for a huge amount of information at your finger tips.

They are not allowed in certain master planned communities.Summerlin, including Sun City Summerlin▪ Town Center▪ Skye Canyon▪ Cliff’s Edge▪ Symphony Park▪ Grand Canyon Village▪ Las Vegas Medical District▪ Providence SquareAnd these restrictions I find would be the most difficult for you to overcome - A short-term rental license does not provide authority to violate any common-interest community’s covenants,conditions and restrictions (CC&Rs).

@Michael Plaks Kudos to you for creating this post and countless others that provide infinite value to the real estate investor community!

Hi BP community!

And, another one requires more support (special needs).Husband working on starting his own business (starting phase, no income)On the side, there are some income ($50K a year)Goal:1.

If you were able to pull out $500,000 in existing equity out of a paid off rental and disperse those funds to acquire 2, 4-unit MFR properties and had the income to support any future CapEx and the interest payments on your HELOC ( including the extra income to paydown the loan ) would there be any " gaps " or problems I'm missing in this situation where it would be a bad enough idea to not go through with acquiring more properties through a HELOC on 1 of 5 properties you own?

If there’s any way I can support you, feel free to reach out!

I'm new here and excited to connect with the community!