Notably it is common for investors with sufficient equity for a $250-500k HELOC to have low or no first lien balances on the subject property.Furthermore on the target purchase, investors could theoretically have more buyer leverage as a 'cash' transaction and eliminate associated mortgage closing costs and have more investment options as a 'cash buyer.'

I found this by "googling" recon trust na in order to uderstand a letter I received, the language of whichildren is ALSO unintelligible to the common mortal. 

Find someone who knows the ropes to help you and steer clear of common mistakes. 

Based on my experience working with real estate investors and property managers, here are some common arrangements for local handymen and maintenance personnel for short-term rentals:On-call basis:Pay a set fee per call-out (e.g., $50-$100 per visit)Hourly rate for time spent on-site (typically $50-$100/hour)Additional charges for parts or materials usedRetainer agreement:Monthly flat fee (e.g., $200-$500) for basic availabilityAdditional charges for actual work performed beyond a set number of hours or visitsPer-task pricing:Agree on set prices for common tasks (e.g., $75 to unclog a drain, $50 to replace a lockbox)I like the per-task pricing as long as your maintenance calls aren't super frequent.I'm also a hard money lender if you're looking at a new deal to get quotes on soon or if you're looking to refinance a property soon!

Software is a common question on BiggerPockets.

Try to consider total capex, future rents and appreciation and then compare with a different scenario in a better area.If you end up trading up a 1031 may not be worth it, as you have not owned it that long and you'd be hobbled by the rules forcing your hand on the purchase side.

You are always making money off your pipeline by either wholesaling the note or investing in the note.In the bond world, I've seen a lot of people get stuck in a similar scenario.  

Beyond frustrated…@Cherilyn Williams, this is normal and there is absolutely no reason to be frustrated because this is a pretty typical scenario. 1.

Feel free to message me anytime with scenarios.

It's common now that a cost-per-click is over $20 for a real estate keyword!