Would you rather set it and forget it and not need to refi again or rather take advantage of low/no closing costs on this loan and plan to be more aggressive on your rate at the time of your refi?

The overhead to start a company is low, but the cost to scale is high. 

Purchase price: $90,000 Cash invested: $55,000 Triplex in SE Cleveland (D+ neighborhood)Purchased for 90 and saw 105 for valuation. 25% down plus closing costs and unit repairs has led to about 50-60k going into the deal.

I will say that during that time, the HELOC interest rates were very low.  

This is primarily due to two key factors: low inventory (leading to tight margins) and high interest rates.

This doe t mean that the poster is someone in cohorts or a “supporter” of the person, business or methodology you claim defrauded you.Based on my posts in the other thread on the same topic, I have been receiving emails providing additional information purported to show proof of fraud, though I have NO WAY of verifying it.  

Starting with house hacking is a smart move, especially in a higher-cost area.

If you paid $950k and only get $1M after selling costs, don’t bother with the 1031.

You won't find a deal where you live for free, but if you can live in a great neighborhood at a reduced cost of living that is a nearly risk free way to get started in real estate. 

Much like other markets in the Midwest, investors go to our market because of the low barrier to entry.