So brainstorm the different options then pull the trigger!

I try to evaluate a unique property 2-3 different ways, then make a highly educated guess based on my knowledge of the market.

Another question I like to ask owners is "How does your property differ from the other properties?

Pinellas county has all kids of different rules depending on exactly where you are.

I decided to re-list with different wording.

Though it wasn't what I planned or expected, just glad its over and was able to move on to different project.

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.

happy to talk but your location may  be different then where I used to do student rental.

Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).

This is two different things.