In a blue state I would probably eat the $600, but no way I would renew them at the end of their lease.

High upfront costs and interest rates from lenders can quickly eat into profits, and funding delays can slow down projects. 

Whether it's something that eats up your time or just feels like a never-ending task, I'd love to hear your thoughts! 

This extra scope of work make it over budget and start eating profits.

I can go to Mexico (Yucatan) and spend less than $200/day and have an amazing time, in awesome hotels, eating fantastic authentic food, drinking until I'm wasted and going on multiple excursions. 

I’d hang onto it with that 3% rate if you can afford to eat that 1k/month.

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

Secondly, the extra $5k you have to come up with yourself - EVERY time - eats into the benefit.Hint: The useful purpose of applying for a HELOC is to gain you instant CASH (to invest)!

Look at every property and the first one that lays eggs like the Golden Goose is what determines which class is best.

These were largely sourced pre-CV19, so eat the fish and spit out the bones.The DTI percentage range varies by lender, and is less than what you will find for an owner occupied property, due to lender risk.