If you put all the cash flow back into your HELOC it will be paid back within 70 months or 5.83 years and from that point on your minimum cash flow will then be $1305.00 a month assuming you haven't raised rents. 

Originally posted by @Kaylee Walterbach:Two words: carpet baseboards...I'll see you your carpeted baseboards, and raise you a carpeted bathroom. 

Correct, we can increase the rent every year, however, rent as long f mow is $825 and it was raised this past September.

You raise a very good question.

The general partnership has 500k left to raise (Approx 50% remaining) in a 506 (c) fund.

It only took $8,000 more towards the loan, $4,500 closing costs, minor work, raised rent, and self management to turn the 3.5% equity into 25% equity with the refinanced loan.

We’re raising to $2300 in March thinking $3,100 is wrong.

We live out of town and have no interest in raising horses ourselves.

I raised a red flag to the property manager due to these recurring expenses for fixing this or fixing that.

I have been raising funds for each deal paying my private investors 10%.I got great traction on my lending pool for the first 10 or so investors.