Have you thought about buying a duplex or other MF property where the renters can help pay the mortgage?

Where in a standard market rate rental a stain like that could be handled when you get around to it and the rent would still be due.

The tax rate would be 20%?

Was fortunate enough to lease for higher than expected rental rates.

For full time management rates can range from 20-30% of gross revenue depending on the level of services provided.

Mortgage rates at 7% 2. 25% down3. 10% of current rents budgeted for capex, monthly repairs and maintenance and property management fees. 

With the current mortgage rate constraints affecting how many buyers are willing to enter the market we are seeing a lot of borrowers have success with the BRRRR strategy with plans to sell in the next 3-5 years when interest rates go down.Researching potential LTR and STR rental amounts and seeing if holding for a few years is a viable option is a good analysis to do well. 

I would say for most people, the 1st position heloc is no a good bet, especially if you have a 1st mortgage rate of less than 5%.Using this strategy with a 2nd position heloc can be just as powerful, so you can have your cake and eat it too!

* Does it significantly affect rental demand, vacancy rates, or rents?

How did you come to have expertise in the eviction rate in NJ?