Like maybe I could pull enough out from heloc on primary residence to pay off debt and then rent out my primary and use the extra cash to payoff heloc and then do another heloc once the original one is paid off.

The other 2 lots I created ended up being on the other side of the street so it didn't really effect how my estate was laid out and $400k is a nice lil chunk of extra change to have when you're doing a big build.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Is the ROI worth the extra cost?  

I want to upgrade my house up a notch in the couple years and get a couple little extras like that.  

In a perfect situation, the payment will still be delayed (even if by hours) using this additional system.And secondly, many of these vendors have "clawback" provisions where, in their terms of service, you give them permission to go back into your account - even weeks after the fact - and reverse a deposit that was made by your tenant.My system is simple, allows for tenants to pay through multiple means, and does not cost me anything extra.

It’s an extra step, but it can save you from surprises later.Keep asking questions-it’s the best way to learn.

Is the extra headache really worth it? 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The property will be cash flowing as soon as the remodel is over and has space for one large extra unit on the lot or two small units on the lot.