What is The recommendation to accrue and pay for a unexpected capital upgrades, i.e. furnace, roof, sewer, parking lot, windows, etc. when you are just covering expenses at 10/12% cash-on-chash returns?

Then accrue the costs in savings, so you are ready to write the check when need be.

Pass.The curiosity remained however and the spark burned just long enough till September 2018 where a couple inspirational events led me to taking massive action on getting this first deal done.

Thank you for clarifying... yes, I don't see how a HELOC would result in faster repayment because it accrues interest at a similar rate.

Send a statement to the tenant every month showing what they owe, and accrue late fees if they aren't paying. 

The agent should have a post-inspection addendum where you outline all of your asks (item and associated costs).Out of curiosity: are you actively asking your agent these questions?  

Out of curiosity, what made you settle on Evansville, IN?

I'm in the process of selling one of the parcels right now and I;m getting a few thousand more that my original investment, accrued interest and attorney foreclosure fees.

As a full-time agent in the Greater Boston market, I remember being part-time at the beginning, it was not sustainable in the long term.Just out of curiosity why do you think that?

I usually know better, but my curiosity sparked and I needed to do some homework.