Hi Ethan, I would not entertain the idea of getting more money from this tenant in order to potentially increase your cash flow. 

Leverage will be reduced from the max available, reserve requirements increased and, typically, you would be required to use a professional property manager.

I've heard of people doing this, but you need to be rehabbing it enough to make it higher value so ideally you need to be purchasing something that needs some rehab so that you can increase the equity because otherwise you're not gonna have enough equity to pull out

All this makes for great guest reviews and helps increase revenues. 

This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.

@John Perkins Help you find lenders that can increase your profitability on your projects and perhaps help you scale!

Pretty incredible how rapid the demand has increased in the past 12 months especially. 

The property has a 3 car garage that could be rented to tenants to increase ROI. 

Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.

Did lenders reactivate HELOCs after the rates increased?