(I'll go ahead and underline the "base salary" component, and drop city name keywords for you so folks see that part, don't mind me)

That said, as someone mentioned in the other thread, there is also a psychological component, and it's sometimes correct to go with the suboptimal financial solution in order to appease the psyche...

If not to take on an unproven property like this with a value add component your monthly debt service is going to be much higher than your estimate.

Properties that qualify as energy efficient could receive a tax credit of $2,000 per dwelling or unit.Disposition of Assets: When you undertake demolition or renovate a building to tear out lighting, HVAC units, and other components, they are abandoned or retired from the building.

Financially free people, consider value first.Another important component is “investor DNA”, now what does having Investor DNA actually entail?

Condition of major components (HVAC and roof mostly)5.

Demand has two components: 1)desire to live there, and 2)financial capacity to fullfill this desire.

According to the National Association of Home Builders Housing Market Index for March, builder confidence in market conditions reached its highest level in 12 years and was six points higher than February’s index reading of 65.Housing market index readings are based on three components.

The 2nd closing, to either sell the property after rehabbed or to refinance into a fixed rate mortgage at a lower rate and get the funds to pay off the higher rate HELOC is a necessary component in my estimation. 

But these are almost always going to come with their own challenges and a lot of times the juice isn’t worth the squeeze, so to speak.I self manage my small rental portfolio which helps make the #s work and I think this is a good thing to do while starting out to really learn the business, but I’m getting to a point where I know I could manage some more units, but I would much rather focus on the parts of real estate that I’m passionate about - mainly finding deals and executing on the rehab/value add components.