JorgeSoCal Real Estate Investor(Who loves Frito Lay chips)

Origination fees and closing costs may also be higher compared to conventional financing, which could chip away at returns.Option #3: Tapping Home EquityDrawing on your home equity, either through a home equity loan, HELOC or cash-out refinance, is a third way to secure an investment property for long-term rental or finance a flip.

Then I would fix the drywall (no charge) because chipped areas will get bigger. 

Send an inspector out and cite you for chipped paint on the porch for example.

It looks like it has a small population so they all know each other.Side note edit: You can get one of the old guys drinking coffee to do all that work for you if he is retired and bored for the cost of a couple drink chips at the local VFW

It looks like you're really hustling and doing a fantastic job, and it's definitely encouraging to see someone take a huge goal, make a plan for it, and start chipping away, figuring out ways around obstacles and not letting anything stop you.

You now own blue chip real estate that cash flows, which is really hard to do for most beginners.

"Spending, and losing, YOUR money"In Poker, every hand you lose, no matter how many chips you put into that kitty, you haven't lost any money...it's just in a different pile on the table...but it's still on the table.  

@Taylor Kennison Thanks for chipping in.  

So we'd need to keep units in good shape and make sure we have no chipping/cracking paint.