Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Quote from @Jeffrey Blackman: Hi @Andrew Katz, I'm curious to see if you moved forward with the HELOC and your next house hack.

I live in California (Central Coast) and have built a 12-door portfolio in Detroit, which has been a great market for both cash flow and long-term potential.Detroit still offers properties well below the $150k mark, with strong rent-to-price ratios and a market that’s seeing growth in key areas.

Additional highlights include RV parking and a wealth of upgrades throughout the home, making it move-in ready.

@Chris Babb,I have moved in to the Build to Rent field full time. 

I'm trying to figure what the best thing is to do moving forward.Reasons why I'm stressing:1) There's a drone photo showing no other cabins around.

@Jacob Rosenkranz we've since removed the app to work on things until we are able to deliver a better user experience. it is something we plan to move back towards in the future.

From experience, finding a knowledgeable accountant is key for handling taxes effectively, especially when splitting expenses, claiming deductions, and managing depreciation.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.