This could potentially drive up the price on the subject property. 

I’m considering getting a HELOC for a down payment on another property.

I'm happy to help connect you with professional and helpful agents or property managers from Pensacola to Panama City!

--> Then after 5 years of one property, sell it... either to the renter or on the market, --> Then, do TWO more properties, and add another $5K to SWAN account to pay for expenses related to the two properties acquired. 

I'd also talk to the tenant as there is no way a landlord, especially a property management company, would let anyone move in without having paid the first month's rent.

My wife an i are just closing on a property in Truckee, we intend to move into the property in ~2 years.

One option is I can cash out refi one property that has $400k in equity. 

Whether it's about deals, property management, or anything in between, I'm all in for a good conversation!

In my experience, we work closely a family and manage the property they live in.

My primary residence is debt free as is my rental property-- the thought is the rental will supplement the retirement income and I'm not chasing ROI/ COCr / vacancies / etc.Thanks for the welcome!