Did lenders reactivate HELOCs after the rates increased?

Take good notes, ask good questions and then, and only then, after you have completed a transaction and feel confident, should you ever try and venture off on your own.Think of it like this...... you can drive without car insurance. 

@Brett RiemensniderYou don't need to provide anything to your tenants tax-wise.

However, when you combine the income from both the units, I think you will end up with more income after a year or two than with a SFH renting by the room.  

Yeah, they hit Quest with an order (with which Quest was complying before being sold) – after Q had stepped back.

If you decide to sell and find an investment property with a greater cash flow potential.A 1031 exchange would allow you to indefinitely all of the tax and use it to your advantage to reinvest into larger nicer property/properties.

Depending on the amount owed I might pay it off after I’m under contract to do a property inspection and ask for the money back at closing.

Last year my best deal came from calling the tax delinquent list.

Heya Ethan.I've completed 7 secondary suite renovations/developments now and it is extremely difficult to do a true BRRRR where you pull every dime back out again after you refinance.

Quote from @Jacob Campbell: Hello - After listening to the podcast, I've made a commitment to purchase a rental property by the end of Q2 this year (ideally by the end of Q1).