Quote from @Grayson Grzybowski: @Crystal SmithThank you for taking the time to provide your insight on the questions I have asked.For your introductory statement, I understand this is how debt should be used. 1) I have already went out of my way to ask for as high of a limit as I can just to have it on stand by. 2) I am trying to build value into our home to increase the equity faster so I can utilize it as leverage in time. 3) I have already reached out to a lot of different investors and have their terms & conditions at hand. 

It appraised for 115k more than I bought it for so already have six figures in equity - will increase outdoor parking and raise rents over time.

Increased Capital Availability.

Whatever increases the level of privacy on your rentals should increase it's value, possibly its rental rate. 

Biggest take away is permitting timelines continue to increase!

Put up other collateral or increase your offer.

Its a 4bed 4bath, and the plan is to do a light rehab after the current lease ends, get new tenants and increase rents a little bit.

There were some complaints, but they paid their full rent and then the increased rent when the jobs were done.

I'm thinking of offering $450K (cash and bank loan), make improvements as leases end, and then refi and increase rents as necessary.

There has been a flight to the more quality areas of Austin.I agree on us having hit the bottom, time will tell but I think we'll see demand increase and rates decrease over the next few months Yeah - I was more talking about outlook for 2025+, I think the correction has likely completed (just opinion)