TK is good if you want the most difficult way to make 💰  in a rising market.

@Adam Mittermeier @Ned Carey  Ned has a good point, is it a C going up or a C going down ... and if you can't tell id assume going down just to balance risky .  

It's just a matter of determining if that particular balance works for you. 

(Not everyone qualifies for the 401k)There's much misconception regarding the role of custodians and administrators, as well as the extent to which they should be relied on for advisory services.There are many excellent companies, but as the number of custodians/administrators has swelled it has become increasingly difficult to navigate the space.

Long story short I am in the refinance portion, and of course, this has been the most difficult part of the BRRRR strategy.

However, you are putting more money into the units than they are worth (by $40k), so it seems to me that would really make it difficult for you to exit.

Older place = lots of capex, difficult to rent, small/bad rental pool, possibly high taxes, expensive pm.  

I find it very difficult to buy liens, deeds or redeemable deeds in locations I have not seen or have someone to survey the property for me. 4- not sure...maybe knowing the different rules at each county auction. 

As for the accounting portion, it's not difficult. 

However, if you strike a nice balance by finding the best property you can find with the highest cash flow and occupy the property, while renting out the property providing the HELOC, you can put your normal monthly budget for housing into paying down the HELOC and then repeat.