Your sqft is at the bottom end of the $1mm houses, plus they have either an extra BR/BA or both.  

McAllen is literally the cheapest place to live in America, so that doesn't hurt when trying to attract new folks to move here...

@Don Panchamsingh most folks who visit Panama from the US/Canada find their way to Coronado area...so if you need a place to stay, we do have our house available for rent.

But don't worry, in 15-20 years salary appreciation at a modest rate of 2-3% will give you an extra grand give or take while you get to look at all that property appreciation taking place as more $80K salaried workers like yourself who are told to "buy now" driving up prices from $600K to $700K to $800K, maybe even a million! 

Folks may be familiar with the terms “visionary” and “integrator”.MF teams need both.

Think about renting a car and you pay for the extra insurance.

If you're planning to continue growing your portfolio, having an LLC is never a bad idea for that extra layer of protection.Regarding your decision between a HELOC and a DSCR loan, it’s essential to weigh how both options fit into your long-term goals.

Are this funds taxable, do I have to declare them as extra income on my taxes.

I will never lend again... its advisairial on its face.. we as HML take ALL the risk or 80 to 90% of it... borrowers who think 70% LTV is enough coverage for a HML have no clue.. plus they are thankless most of the time.. it becomes the bad lenders fault.. so to heck with those folks..

Some folks do well and others lose their shirt and go bankrupt.It is definitely a risk and you are creating a job for yourself, but judging by your wording, you kinda want a business instead of investing.It is scalable based on your area and how much risk you can tolerate.