Sometimes the long term capital gains are palatable and it may make sense for you to pay the tax rather than force a bad deal.

Hi BP Community,First time writer, long time listener! 

Will you use the HELOC as a short-term bridge, or plan to hold it longer?

Coastal cities might give you long-term appreciation, while places like Lakeland or Ocala can deliver better cash flow right away.

You can surely hire a PM for one property, as long as you feel like the costs associated with it align with your bottom line, and cash flow objectives. 

I do a bit of flipping, BRRRR, long term rentals, and wholesale.

Initially, the properties that I buy in another market don't have to cash flow a lot, my metric is $150, as I'm focused on the long term gain when they're paid off  and I have a W2 and am also a realtor.

How long have you been renting this property out? 

I think it would be better just to stay on good terms and let him know you will contact him when you are ready to sell.

I’m a first-timer, so bear with me if I sound a little clueless – I’m still figuring it all out.Here’s the scoop: I’m looking to purchase a long-term rental property within the $300-350k budget range.