Ask to her leave a plate of cookies and a glass of milk out when she goes to bed.

I have been recycling the same money over and over for a while.

Current occupancy just covers operations so they are basically milking it as they can and waiting for the axe to drop.

Brian, maybe consider this more as a ‘milking’ opportunity rather than ‘value add’.

Gated community, 3/3/2car 1512sf built 2006 Monthly costs Hoa 66, insurance 57, management 89, taxes 58 rents for $1125 $212k value = $170k loan @ your 4.612% = $873 total $1143 (minus $18/mo)In the last year I had to paint the trim ($500) and fix clothes washer ($237)#2 preferred single story model, not Gated community, 3/2/3 car 1456sf built 1993Monthly costs Hoa 0, insurance 44, management 90, taxes 64 rents for $1125 $250k value = $200k loan @ your 4.612% = $1027 total  (minus $100/mo)In the last 2 year I have had zero repairs #3 non-Gated community, 3/3/2car 2200sf built 2007Monthly costs Hoa 57, insurance 46, management 98, taxes 74 rents for $1375 $264k value = $210k loan @ your 4.612% = $1078 total $1353  (plus $22/mo)In the last year I had to replace the stove ($590) and fix a sewer line blockage ($125)In north Las Vegas sewer is included in garbage,recycling/water bill from the city. in Las Vegas I bill the tenant for sewer per the lease (about $250/year)

So I need to recycle my funds in order to acquire more properties in a short amount of time.

Professional caretakers milking benefits have a long history of lying about the severity of conditions to help people like this stay in the home and continue making a living off them.If you really think this woman is insane, no one is being served by keeping her there except whoever's pretending to take care of her.

Plus once you do the refi your HELOC is still there if you want it to be, in theory you could recycle those funds over and over whereas with hard money or private money you’d have new origination costs and fees.

This is very, very old game that keeps getting recycled looking for new people.....it’s s waste of time for 98% of the people.

Once you run the numbers it becomes a lot easier to just load it all into a truck and take it to donate or to the recycling center/dump.