The property has become increasingly costly to maintain, and a significant portion of our cash flow is being directed towards repairs.

Let me share some insights that might help you evaluate your options.Regarding the HELOC on your SFH rentalLeverage and Risk Taking out a HELOC that taps into most of your equity can amplify your purchasing power, but it also increases your financial risk.

There are onsite recreational facilities.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

I increased the equity by $200K on mine by freshening up the lower unit and fixing some systems in the building. 

While perishable foods may increase in price, I do not think it will have a major impact on inflation if it is a short strike.

If I were forced to pick, I’d lean towards purchasing two properties to diversify and spread the risk while potentially increasing your overall cash flow.

As I embark on this journey, I’m eager to learn more about the local market, connect with fellow investors, and engage with the vibrant community that makes this city so special.

Building a scalable real estate business requires developing a foundation that can grow efficiently without exponentially increasing operational costs.

During the summer months (May-September) the prices INCREASE by $250 per month.

(b) A person selling or offering to sell an option or assigning or offering to assign an interest in a contract to purchase real property without disclosing the nature of that interest as provided by Subsection (a)(2) [to a potential buyer] is engaging in real estate brokerage.