We ran the numbers with our side using the identical expenses we have currently.

From what I've figured out from my lawyer, the condo association was partially set up in 1980 between our building and several others identical to it in the area, but was never finished. 

I was in a nearly identical position when I graduated 7 years ago.

I did some significant research on this a few months back, as I have identical scenario as you. 6 finanaced properties nd looking for LOC on investment properties.Although, I just ended up refinancing my current HELOC on primary with USBank to tap into huge amount of appreciation during the 2-yrs since I originally opened the HELOC.I believe the best option -locally- for investment property LOC was SAFE credit union.

There will be a bidding war on the “FHA eligible” triple decker with 1 vacant unit one one side of the street and then no one goes after the one on the other side which is  almost identical but maybe has 1 tenant not paying rent, or the roof or siding need to be replaced, or it’s being sold as a multi-family but it’s actually condos, or the rents are stupid low and agents throw around the “won’t pass self sufficiency” line without fully understanding it, or it fell out of contract due to a bad appraisal, or any of a million other issues that come up that many agents/buyers are too shortsighted or not educated enough to figure out.

Both units are updated and in great condition.Recently we bought an identical duplex right next door.  

The units are identical in same bldg, so taxes and HOA are exactly the same. 

There is an identical property down the street that is listed around $155,000.

I'm sure people send an application to them and steal their identities. 

Step back from the domain for a minute and think about your brand identity.