Sometimes years.So I’ve found that leveraging brokers and being super clear on my criteria is a better use of my time.  

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).

(In Vegas where it’s super dry.) or using a rag to dry the seam to avoid mold/mildew and horrible smells. 

Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle,  so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?

You might want to check out the Detroit Land Bank Authority, which sells rundown properties at super low prices—as long as you commit to renovating them.

Not only did Detroit beat every city in other popular Midwest states like Indiana, Missouri, Ohio, Wisconsin, etc...Detroit beat every city in the super popular states of Arizona, California, Florida, and Texas - Detroit beat them ALL!

Personally I like the Section 8 program when the property is located in a super poor area with a ton of blight and crime.

Knightlyproperties.com feel free to connect - we are also a super host on Airbnb  Thank you!

It's super nice! 

Starting locally gives you that hands-on experience and deeper market knowledge which can be super valuable when you're learning the ropes.