Both units are rented, and I have spoken to banks regarding a line of credit to use towards the purchase of another property.Community banks so far are not interested in giving a line of credit, but have offered refinancing options instead.My current rate on the property is 3.75%, so I'm not eager to move to a significantly higher rate (5.25%). 

@Christi Hawkins  Much like the auto industry  do we think everyone pays the exact amount for a vehicle .. do we think someone who sits there and grinds away for 8 hours might pay a little less than someone not as familiar or as good as another in grinding the salesmen the manager who gets the hand off and the close.this is why I LOVE Tesla you buy on line price is the price for all of us.. and it takes exactly 3 to 10 minutes to buy the car.. its GENIUS.. and why its such a threat to big auto... if you have not been on the Tesla site check it out see how easy it is to buy a car.. the finance part is auto matic too just put in name rank serial number and your approved almost instantly..you do need to put 2500 down on your credit card then they configure and produce your car..

I do like the thought of working the same general area so I can get familiar with the values and W&S lines, but there are only about 500 parcels in the area, about half of which are on dry land and vacant.Which would you choose? 

. - Long term goal would be to sell down the line so would hate to have the tenants trash the hardwood. 

I am still kind of new in the business.Our PM charged a huge fee ($6100) for turning over a 6 bed room apartment.

I wouldn’t get out of bed for a hundred bucks. 200 minimum.

For the tiling in the bathroom and kitchen did you use any spacers on the grout lines? 

We lived in HOA and needed to pay several hundred to send out hoa disclosure package send a certification to buyer that property was in line with all hoa rules, another expense I forgot about. 

We're having the sewer lateral lines scoped to make sure there are no issues there too. 

Things like appraisals, inspections, draw schedules and insurance requirements can REALLY affect your bottom line.