Eventually, I’d like to start using the cash flow to pay myself and work toward replacing my day job income.

@Peet BothmaHi, I'm working in MILWAUKEE.Do you have a recommendation for a lender for refi cash out for foreign national?

If they are the one providing most of the cash, they might not want to carry that liability, but you've already negotiated with your partners on this and then the bank isn't cool with it, you could be in a pickle.

Unless you're using all cash we've all gotta talk to the bank.

The Tampa Bay area can really be the best of both worlds in terms of appreciation and cash flow, as long as you execute correctly.

Renovation cost is roughly $30K.I guess what throws me off is that you say Cash invested: $60 

At this time, I am having to pay all cash in order to close.Purchase price is approximately $600k.

there's also no way to collect rent without the cash management feature, which im not too crazy about. 

The more cash on hand the more options.

How will the partnership cash flow cover the HELOC payments if interest rates increase?