This means that every non-government job your tenants have will likely end in the foreseeable future.

@Daniel Medellin Regarding your question, it would depend on the lender or bank you're working with if you want to go that route in the future. 

You can get 90% of the future equity, but you do have to have a GC do all of the work for you so you cannot DIY for future repairs. 

I have not yet but I am planning to look into it for a client in the near future.

Stay tuned and work with their folks for details, should be some exiting things in the future.  

If in the future they try to buy a house, the lender may require it to be paid but that's a long shot. 

House hacking is going to be a great starting point to building your wealth that you can leverage in the future. 

Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage. This was my first property, and while it's been a great learning experience, I ...

Both properties have a substantial amount of equity that’s essentially sitting idle.Would it be a good idea to tap into this equity (through a HELOC, cash-out refinance, etc.) to fund future fix-and-flip projects or purchase additional rental properties?

And when you said the management company takes a 550 credit score , all I see in your future are evictions .