Nothing is better than your own spreadsheets, but the truth is that spreadsheets and tools and programs are the biggest cause of analysis paralysis in the business.

He said to definitely use a title company and pay extra for them to research any other outstanding debts as well as contact the lender. 

Now add internet and connectivity because as much as one can live without it perception is that one can-not, and there is societal truths to that. 

Well worth the extra cost to have a product that lasted 30 years.

And since the deals I’m involved in are $1million - $5 million, that “extra” income from broker commission has been as much as $150,000 + !.  

We project we would still be cash flow positive even with the extra costs of the HELOC, but we would ideally rather have more cash flow then less at this timeWhat are things we need to be considering or thinking about?

Lots of realtors on here BS your returns but thats the truth your not going to make money buying using a manager at 25 down in 2024, its just not happening unless you pay cash. 

Lots of people travel with their significant other and appreciate the extra bedroom to use as an office for the partner who is working from home.

You'll also need storage space for cleaning supplies, change of linens and towels and small miscellaneous items like a first aid kit, extra batteries, flashlights, broom, vacuum, etc.

One suggestion would be to offer the seller a chunk of cash extra to offer the tenants a keys for cash option.