@David R Pustelnik yikes on the actual cashflow!

Retaining your current home at a 2.875% mortgage rate maximizes cash flow, while accessing $65K in equity provides liquidity for your next steps.

With the economy of scale in multifamily, each additional unit nets you a little more than the last, as a rule of thumb.

Call the mechanic or gas station up the street and ask the owners if they know someone.

I dont care if the tenant is paying themselves, the government, the tenants parents, etc.

@Kasey Hardt very interesting,  didn't realize this was a pattern but even I've got friends that are getting recruited to the area for medical device startups etc, so could be a very interesting trend to watch.

Those chasing the last 5yrs experience are going to be rather sad at what the next 5yrs hold for them I think.

The other two that are commonly used is (1) 100 hours and more than anyone's time in the activity or (2) substantially all the time in the activity. 

I got approved for a HELOAN on my primary property but not sure if I should take the loan to just use as “leverage/reserves” to show the HML and get funded.

Looking for peoples opinions if the quoted costs are fair to take off the security deposit.TYIA  The charges don't sound bad at all.