It never hurts to have an additional set of eyes to look after your property.

January is historically the lowest demand/income month so when a cancellation happens it hurts more.

First thing is NEVER feel concerned of hurting someone's feelings or ego, your reviewing to employ them, that makes you the boss doesn't it?

The fear of unknown and the bad potentials, but then sh_t happens and ya remember that we got a choice to lay down and be done in by it or roll-up the sleeves and get to work and be a solution maker. 

When evaluating potential properties, consider three exit strategies: if you can sell quickly for a profit, hold it as a rental, or take a loss.

My mortgage will be $2,005/month, and I’m budgeting up to $600/month for utilities, leaving a potential monthly cash flow of $995.I also set up an LLC and a business account to track rental income and expenses.Questions:Do you have any advice for me as a young real estate investor?

If that person were to get hurt somehow and then expect you to pay the medical bills or become disgruntled in some way it is just a phone call to DOR, OSHA or L&I. 

This could potentially meet your financial needs by itself as well as provide start up money to do flips or purchase buy and holds

One thing that’s jumping out to me is how your House 3 has some serious potential once you carve out that above-garage apartment.

I would only do it if it was an absolute no brainer of a deal as if it goes south then you not only hurt yourself on that deal but also the property that you took the heloc out of.This also depends as if your current LTV is 30% and want to go to 50% is different than going from 50% to 80%.