They also have a deadbolt version to use with a non-locking doorknob: https://www.amazon.com/Schlage-FE595-CAM-622-Electronic/dp/B...There are newer doorknobs that are WiFi compatible so you can monitor and even change codes remotely.

Quote from @Cam Schwartz: Hi @Simone Nicholas.

On top of the line of credit, we have also equipped them with unsecured revolving lines of credit totaling $377K in which they use strictly for renovation.

Even on newer structures it's good to have a sewer cam inspection done.

Much appreciated, Cam

(Say on the initial purchase if someone is buying right now).3) I can lock in a guaranteed better rate now and enjoy the lower monthly payments now, and only pay maybe 1 or 1.5 points instead of 2-2.5 points later when I have to hope that rates come down again.4) This also saves a lot of time which is an important consideration as some refinances can take 30 days and a lot of paperwork gathering and headache etc.Again, my thoughts on this largely revolve around risk aversion. 

There are 3% rent increases built into the leases and I can bill the tenants for increased CAM expenses, taxes and insurance.Am I missing something here?

And lastly, the HELOC is a revolving line that allows you access to all the money you put in to come back out. 

Which may not be all the problems - they don't always get everything.A sewer cam might also be worth thinking about.

As it stands the only real debt is the revolving debt of our credit card, which as I stated, is paid in full every month.