HELOCs typically do not go above 75-80% of value and since the property was purchased recently they would not see that equity unless you did some major rehab to the property.

I own just at $8mm in real estate here across 25 or so properties and am an agent.

(FWIW,$8K on just the compressor seem excessive.)Otherwise, unless your contract with your GC says they will provide 24/7 surveillance, or you can prove the AC was never installed, you own the problem.If the property has been vacant for more than 30 days, most policies won't cover vandalism unless you have added a Builders Risk Addendum.

The first mistake is the property is free and clear.  

Access to Cash Value: A properly structured permanent life insurance policy (like an IUL or whole life) can build cash value that you can borrow against for property acquisitions, renovations, or even as a safety net during market downturns. 2.

Are you looking to acquire more S8 properties?

Michael had built his portfolio from the ground up, starting with a single rental property.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

@Marc DeLeonibus Hey Marc, I did not end up purchasing the property.

For example the HA will inspect the property every year to make sure it is up to standards.