Which would allow you to escalate that snowball payoff without having to use part of it to pay the tax.

I’ll just use some of my monthly mailbox money to pay for the expense.

Look for safe accounts that pay good interest or dividends to grow your security.

Would you be able to pay down the HELOC without selling your home?

I guess really you’re not paying it, the owners are.

The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...

If one tenant stops paying, there goes 25% of your revenue.

Just curious.If you are going to pay a PM, just be aware that you might not make any money on it.I just use a spreadsheet.

As others have mentioned, Vancouver is very expensive and difficult to find cashflow. 

Appeal Property Tax AssessmentsProperty taxes are a significant expense for real estate investors, but they aren’t set in stone.