Frankly, I'm surprised by all the positive reviews. 

It may make sense to save a bit more and invest from a position of power.Keep in mind most helocs are adjustable.

I feel like having such a low payment and rate make it stupid to choose selling the house, but since I haven't been in this position before, I thought I'd ask here. to d The other consideration you would want to consider is your VA entitlement if you are hoping to buy the next house with a VA loan.

If it's an HOA-based one, or has some other deed restriction, get out of the position.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

You as the consumer of financial services will NOT be getting unbiased advice from anyone associated with Tardus no matter what the title or position.

But I said at the time that one day I’ll be in a position to take advantage of dropping prices, and I think this is the time.

You are in a decent position and if done right you will be ok over time.

You’re in a great position with a property that’s appreciated significantly, a low-interest mortgage, and clear goals to boost cash flow and transition into full-time investing.

I give them pointers on how to build credit and over time most are in a position to "refinance" and pay off the Option.