That problem is getting worse and there is no solution in sight.

The loan is interest only and it accrues and is paid when the loan is paid off - there are no monthly interest or principle payments during the life of the loan.

Would the rents cover the principle and interest of the HELOC?

Appreciation has been significant here over the past 10 years with no slow down in sight.

Now, the fire's burning bright again, and this time, my sights are set on multifamily investing!

While I might be new to this particular market, my roots in real estate run with a history of commercial real estate investments in India.Currently, I have my sights set on the Hartford market.

In real estate (and life), the "under promise and over deliver" principle is crucial for building trust and fostering long-term relationships.

. $4166 Principle + ~$1k property tax + HOA + insurance + large cap ex costs.  

Follow these basic principles when making your own design but remember to add a little bit of your own creativity as well to make the property, unique.

And there is no relief in sight on the insurance front so I don't expect the situation to get better anytime soon.