While there are some big positives (low maintenance), I don’t think they’re generally outweighed by the negatives of increasing HOA payments, reduced appreciation, and my biggest concern-changing HOA rules on rentals (what happens if the board changes the rental cap or eliminates rentals all together?). 

I'm no where near an expert and I would let someone else who knows more than me explain benefits but it just seems like overkill to do both and negating both options pros and being stuck with the cons of both (high cost on the refi and the variable rate on the heloc) 

If you do, you have "pierced the corporate veil" and thus negated your asset protection afforded by the business entity (thus, what was the point?)?

The cash flow number is so close to $0, that for the sake of argument let say it is $0 since some months it will dip negative and others will run into the black.

It's amazing the negative effects rent control has had on the housing stock in areas it's in effect.

Folks tried to explain to you, but you think that negations are legally binding by the statement above.

In addition, statistically, you will make more money listing with an agent.

. :)I use rental property calc for a lot of my calculations should I only care of the IRR if the cash-flow is Negative?

So I'm trying to see the negative of reducing cashflow, if it is a good idea, more risky... etc.So at the moment, yes would be nice to have more 'cash flow', but in my current situation, I make enough money from my day job that I'd be comfortable working 9-5 until I had developed a substantial amount of wealth. 

New Britain Still has quite a negative stigma, mostly due to crime.