If your guests are leaving standard 5-star reviews, that’s great—but if those reviews could apply to any rental in your area, you’re still competing on price.If they’re leaving raving reviews, your property becomes the go-to choice—at premium rates.

It will be remote, but since you live there now, you probably already have connections who either already know the house or local friends to find you good people to service things as needed.  

Hi @Damon Diddit I would avoid Newark at all costs. 

There's actually some deeper nuance here than just the holding period. 

Right now, you have a property with a great equity position, solid cash flow, and cheap debt (interest rate is low). 

Since you put 5% down and the appraisal came in at $160K, your available equity might be limited since banks usually cap HELOCs at around 80-90% loan-to-value (LTV).

From my experience as an investor, I have first hand knowledge in developing scope of work, project management, contractor relations, and property management.As an investor, I am looking to continue to scale my portfolio in both multifamily and single family.

First, please read the rules at the bottom of every page.

I will definitely be looking into these credit cards.

My total cost is 40k, can resell at around $130.