It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

I am seeking to obtain a line of credit for these so I can tap into that dead equity.

My goal is to obtain another rental property, possibly try anirbnb, and also eliminate the cc debt if possible. 

I am here seeking professional advice from someone who has walked the walk and can guide me where to go from here.Some of my goals are listed below:My main goal at the moment is to find assistance in forming a financial plan with the help of a mentor.My other goals once I have established a plan:- Short Term: "I will obtain a cash flowing real estate property within the next year.- Long term:  "I will have more than or about 5-10 cashflow producing assets making me 5-10k a month in profit. 

Ensure you have a detailed renovation plan and consider obtaining quotes from multiple contractors to validate this estimate.Rental Estimates Your projected rents of $2,000 and $2,600 seem promising.

At the same time no matter how much excess insurance coverage you obtain, there will always be a policy exception for gross negligence and even negligence will likely be covered only under reservations of rights meaning the carrier can opt not to provide coverage. 

transactional same day is usually pretty cheap about 1% or maybe less but they want their money back that day or next day.. these will now have to be 30 to 60 days loans and there are not a whole lot of folks that will entertain those.. suffice it to say the wholesaler or assignor  Like the one that got cancelled on me today. 

Within those cities, I am targeting assets in central business districts (CBDs) and popular entertainment areas where large amounts of people congregate daily. 

I'm currently on the hunt to find what STATE in the U.S that has the fastest process to obtain a brokers license but also can offer reciprocity agreements to multiple states.

.** The preceding has been my opinion only, the views are my own, and are intended for educational and entertainment purposes only and do not constitute financial advice.