Zero in 2024 in Huntsville - which is precisely why we bought zero LTRs in 2024 locally (bought one out of state, and bought a local flip property and one small local commercial property - slowest year since I started REI in 2017). 

We get our cabinets through.the box stores.

What's better for heating gas or electric? Building a cabin in a tourist destination that does not have easy access to gas or electric.So I will need to run electric line anyway and considering installing underground ...

I’m new to all of this and looking at 401k loans and HELOC as options.

HELOCs are definitely a good option for financing BRRRRs.

Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift. 

You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.

Personally, I've bought older homes since I invest in mobile homes myself.

I bought my first two liens over the counter and was able to foreclose on both and made out very well.

Since this is the tenant's money, I want the bank calculating and holding everything versus storing balances in my spreadsheet.