The monthly payment is only ~$720 and the interest rate is fixed at 8% fully amortized with no balloon. 

.- It costs me me less to turn over my 1500 SF units that rent for $3k/m then it does the same size section 8 unit because the property is cared for better and experiences less  wear and tear while fixed costs like cleaning and painting are easier to absorb. 

I would then use the line of credit for BRRRR's or fix and flips. 

Where I’m Focusing: Ohio (Dayton and Cincinnati) — I already have trusted partners for renovation and construction.Investment Strategies: I’m interested in fix-and-flip and BRRRR.Open to Networking: Real estate agents, investors, contractors, and anyone passionate about real estate.My Goal: To learn from experienced investors, share ideas, and build a scalable real estate business.Looking forward to connecting and learning from this great community! 

One problem may not be feasible to fix, and the other is easy to fix.Does the apartment complex have a unique feature that makes it more desirable? 

Probably an easy fix that might make a big difference.

.- The bathroom sink is leaking—do you pay a plumber or fix it yourself?

We send our clients  a comprehensive list of what we see COULD be fixed, as we have no idea how each owner will want to maintain their property(s). 

Ultimately it is either a long process to get a check/fix, or they deny the claim.    

However, given today’s high interest rates, finding a deal that matches or exceeds your current return might be tricky.