It is something I am interested in doing in the future, potentially even this year, but I am curious how to put concrete numbers to this decision.  

@Brooke Carlton I found a potential solution to this problem!

Hey Makani, you should check out DSCR loans, which are primarily for investment properties and focus on the property’s income potential rather than your personal income.

@Jadan WilliamsIf I were in your shoes, I’d start by clearly defining my investment goals and identifying target markets with strong job growth, population increases, and development potential.

Experienced investors typically value properties like yours by analyzing cap rates, cash-on-cash returns, and income growth potential.

Also, factor in potential interest rate changes if the HELOC isn’t fixed.

Let’s connect and chat about potential opportunities—I may have some suggestions that could align with your goals!

I fell off the wagon when I saw a bullet point that indicated all second story apartments have an elevator and their suggestion that it was possible to get 1000% Plus Potential Cash-on-Cash return in the 1st Year.Where has SCDC built?

You may want to share you analysis with a few banks and/or property managers as they will typically weigh in on your assumptions if they are potentially interested in working with you. 

If not for you and you prefer the traditional route, I would explore potential "up and coming" markets such as Acworth, Cartersville, and Douglasville, where the price-to-rent ratio is a little more favorable, and growth is apparent.