---Continued Here: https://www.biggerpockets.com/blog/evaluating-kamala-harris-...

.), allowing you to evaluate deals faster and more consistently.

Let me share some insights that might help you evaluate your options.Regarding the HELOC on your SFH rentalLeverage and Risk Taking out a HELOC that taps into most of your equity can amplify your purchasing power, but it also increases your financial risk.

While this is manageable, especially since you have a stable W2 job that covers personal expenses, it's important to evaluate how much more stress it may add in the short term.

Just be sure to clarify the fee arrangement upfront to avoid misunderstandings.If you need help evaluating the deal or financing options, let me know!

I'm currently evaluating a property under escrow and gathering more details.

I have a few questions for my fellow investors:What tools do you currently use to evaluate your deals?

For anyone reading I am planning on going back through the original documents to see how I could have evaluated these better.

For those who have used a  PM and changed PM, what questions did you ask to evaluate the new PM? 

It’s great that you’ve already started practicing with NOI and cap rates for evaluating properties, but you're right that smaller properties, like quadplexes or less, are often valued differently.For residential properties with four units or fewer, the market tends to focus more on comparable sales in the area rather than purely relying on income calculations like cap rate.