It is an important read if you are thinking about deploying similar tactics.  

I am currently deployed to Afghanistan as I work for the government as an independent contractor.  

The key being any investor that has capital to deploy is to surround yourself with good people you can trust.

You've stated that you worked hard for the deal and that the annual cf could be 40k.If deals like this were tight in the area, then yah hold, but if there are other opportunities to deploy the cash, I'd jump at being able to redeploy the 45k (after tax, including down) in an environment where the deals are running and you can capture more units with the same per unit cash flow.Of course my opinion is based on my experience.

So I've been reading the boards for a while, I am currently deployed and I refined an excel spreadsheet I had worked up before I left the states.As of right now these are the numbers I'm looking at, and I -THINK- I have the 50% rule and 2% rent thumb rules down for the most part.

The borrower is a flipper/agent and I have no doubt the houses will probably sell within a couple of months which will return a much higher APR and allow me to deploy the capitol into another deal reasonably quick.

@Bill Gulley probably has a lot of insight on strategies that you might be able to deploy. 

You have to decide the cashflow you are willing to accept, given that once you tie up the $$ from your heloc, it will not be available to deploy on a future deal.As has been mentioned, assume that landscaping, snow, utilities, etc are tenant responsibilities.Do get an umbrella insurance policy.  

Hello BP,I'm not brand new to Bigger Pockets, but have yet to ask for input from anybody so I figured I'd jump into the community and see varying opinions about deployment of capital.I just closed on my 2nd Duplex last Tuesday and I'm torn about paying off the remainder of my student loan (roughly 28,000 @ 7 percent, monthly debt service being 475) or moving forward with either another duplex or a 4 plex in the Lincoln area.

.$175,000 Loan gives me an $850/mo mortgage (30 yr. at 4.10%)Money TalkNow lets make some conservative assumptions:5 Occupants: $750/mo rent X 5 Occupants X 12 mo = $45,000 gross incomeAfter taxes (assuming I pay 35% taxes):  $45,000 X .65 = $29,250 gross incomePay 1 year of mortgage: $850/mo X 12 mo = $10,200/yr mortgagePay property manager 7% of gross income: $45,000 X .07 = $3150/yr property managerPay a maintenance $300/mo for lawns/repairs: $230 X 12 = $3600/yr maintenanceNow for total profit: $29,250 (after taxes) - $10,200 (mortgage) - $3150 (pm) - $3600 (maint)Total of: $12,300/yr after all is said and done ($1025/mo).ReinvestingI plan on putting all of the money back into it, so: $850/mo (mortgage) + $1025 (reinvest) = $1875/moTherefore: The building will be totally paid off in less than 10 yearsBackgroundI'm in the Navy, so I'll be deployed for months on end without communication.