WE have to keep in mind also that each state is different in how they operate with regard to public records.. out east in the states were folks still need a title abstractor title work is completely different than the west coast were most title plants have been moved off shore..

Once you’ve verified that there’s a strong market for travel nurses, you can move forward to the design portion.

Key due diligence focus areas for this type of assetAny experienced perspectives would be valuable as I move forward with this potential acquisition.

You need to calculate your return on equity to see if it’s time to leverage that equity more, you also want to calculate your blended interest rate of the original loan and the the HELOC to see if that’s the best rate or if a cash out refi would be better.If I were you I would look at doing the same move again and buy another primary residence and turn your current house into your second rental.

With how many major companies moving and developing out here (Intel, Google, Amazon, Honda, etc.), the macroeconomics has been great resulting to population growth and job growth.

Could you rent your primary and move into a new multifamily to save expenses that way, then move out in a few years?

I started with a duplex and moved up to larger units from there. 

Definitely going to be safer going forward.

The final kicker was a VERY elderly couple moving to assisted living.

I will keep these items in mind moving forward!