There is no debate that given the choice between a fully free and clear portfolio being handed to me or a portfolio of the same size with mortgages being handed to me, I am going to take the free and clear portfolio. 

Search this forum, and you will see many threads debating their benefits and risks.

If your margins are that thin as is I personally wouldn't go for that as a deal unless I knew I could double the revenue in that scenario at best.If its something you are debating on...

This is often a debated discussion here - Which city provides the best returns?  

Debating between getting a commercial purchase mortgage or a heloc/loan against a current rental property.

The council continues to debate what to do about it and likely would start to get more strict to manage or restrict STR growth.

Rhode IslandProvidenceStephen in almost 99.99% of cases of 1-4 unit properties you'll get residential appraisers which will use comparable sales approach (CSA) vs Income Approach (IA).They do take into account of IA however rarely does it ever push value over the CSA method, and in the once instance I was able to get IA method to push value up another 10,000 I was able to do it because I also found another CSA method comparable sale as well to document this increase so its debatable that  IA was a factor at all in this one instance.The above is from reviewing hundreds of appraisals over the last few years and on my own loans as a REI as well.I've done portfolio and commercial loans at local smaller banks and they still default to CSA so IA is not "pushing," value if thats what you're hoping.IA valuation method in theory may be much higher since you're pushing rents to market rates or higher and managing efficiently but, this will have marginal effect when it comes to appraisal valuation in the 1-4 space.If you'd like IA to be used predominatly you'll need to go 5-8+ (sometimes units over 5 to 8 get grouped into CSA method 50% and 50% IA so its better to error on 9-10+ units or get a "hybrid approach," between CSA and IA).

It has worked out well but the licensing issue has come-up more lately and I've debated on which route to go. 

I'm not here to debate or go back and forth to convince you of anything.

Hey everyone, had a debate with someone recently and I wanted to verify with all of you.