Multi-family for me has been the way to go and has left me assurance that even during vacancy, I will be covering most of my mortgage. 

For me, I care mostly about CoC (cash on cash return) and overall ROI (return on investment).

I will post the outcome, this one has been the most difficult for me so far.

In the end my portfolio is very small compared to most, so focusing on this strategy has worked for me, but might not work for everyone.

The upper story and deck of the residence come out over the top of the motel forming kind of an exterior corridor or breezeway that pops out on the front of the building. 

Not likely), vacancy (@ 8% for me), and a possible PM (10% normally).I recommend you reach out to a local seasoned investor and have them run your #s with you, as the #s depend on how you manage it (how hands on you are) and also local pricing.

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.

They didnt care to pay rent and waited for me to start the eviction process for them to start moving.

For me “time in” the real estate market means “time out” of the stock market.Any advice on how to reconcile or justify that?   

Hey all,I'm seeking some advice/input to help me work out what's next for me.