It gives us a little extra flexibility to promote good relations with our residents. 

With most of them M2M leases, it gives you all a lot more flexibility in managing headaches, vacancies, and cash flows.For example, let's say four of the units have rents that are way below market and could also use some updating. 

I am currently single and graduated from college a couple years ago, so I have more flexibility with that.

I like your method of looking else where, giving you the flexibility of more opportunities.

You have more flexibility and higher revenue potential.

But Private money has a little more flexibility in terms and parameters.

So ultimately I'd weigh the benefits of having more flexibility against the potential higher interest cost since interest on both has similar tax advantages.

Unless you're super flexible, this will likely narrow down your area criteria quite a bit.

Their only advantage is flexibility and that's not how you are planning to use it.

The HELOC is far more flexible.