I recommend a simple spreadsheet to check your math and it will make it simple to adjust each year.End the complaints.

Thank you very muchBeau,In my opinion the math and the numbers on deals don't lie and are also a great way to build a plan.

We still find buyers (and renters) that like open to a degree but want / need the office space for remote or hybrid work arrangements.When dealing with a market that does not have huge spreads on properties, one needs to define what is really important versus what is nice to have and see if the math works. 

Definitely do homework on making sure you can get a clean title and make sure that the foreclosure was on the first lien.  

Sometimes I have to show clients the math for them to get comfortable with it. 

The current owner listed last years income as $51,000, but currently has rents at (for the five separate units): $650, $750, $800, $825, $1125 (the math doesn't totally add up so maybe he changed a rent payment at some point). 

While there a few places where you can have an STR, you need to make sure you do your homework.

I'm a GC as well and did the math, the Heloc would save considerable interest because it would average on 33% of the balance borrowed at any one time (and thats assuming constant deal flow).  

I did the math and could cover the mortgage solo if needed.

I have done the math and this really doesn't stunt the growth of the account much because you are paying back the money with interest.