While it’s possible the machines could keep on chugging for years to come, I always like to take the conservative approach.

Of course I always approach the market with a higher rent value. 

Quote from @Bruce Woodruff: There is the black and white approach where only $100mm and 4% body fat are acceptable.

I wanted to let you know that you could use a primary HELOC Mortgage and run a simpler approach to pay off your home early, or make principal payments, or save up and recast your payment.

Just approach everyone with your business potential and they’ll typically help you out.

How would you approach this?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Spending $1,000 to start the process can be worthwhile if you’re clear on the steps needed to reach that point.As for renovations, the approach really depends on your goals and the scale of the work.

Quote from @Michael Florkowski: I really like this approach.

Most people with lots of money have a higher chance of being audited anyway.4) The government does not hate bitcoin, it has been adopting a wait and see approach but I encourage you to read actual government statements like the one released today by the SEC chief on ICOs.