Materials are up and so are rents and housing prices.  

If so, are the rates typically higher than a primary home's HELOC?

So are you thinking buying at the courthouse steps?   

But so are affluent Americans maybe even more so. 

.- You still have an outstanding mortgage that is under your name, so are you expecting them to use their proceeds to pay half of the remaining balance?

Needing to and seeing the economic benefit to doing so, are two different things here and while comps in your area are basically apartments and one other SFR, you're 'marketing' for quality renters, a little higher monthly rental yield and should you choose to cash out refinance (BRRRR)- your appraised value. 

What are the typical rents you would expect (as a % of purchase price) considering the house appreciation is greater (and so are home prices so rents can rarely be 2% of the purchase)?

So, are the tenants refusing to move?

I was in Kingston a few weeks ago and subdivisions they are building there are such a soar eye for me.Not saying you can't have a great investment out there as you can anywhere.

So are we doomed to inherit condemned houses and be forced to sell them at really low prices?