I think that’s why I don’t have more properties, because it has to be a great deal right from the get-go, and that usually means it needs a bit of work and is also dated, but a solid investment.

So we were charged about $250 more than usual.

It's a great way to keep your license active without the usual expenses.

Usually between 5-7%.

It’s a bit intimidating since it’s outside my usual scope of business, but I’m committed to taking the time to learn how to be an effective landlord.

HELOCs are usually variable rate and there may be yearly fees associated with maintaining the HELOC.

The important things to consider about HOA fees is that they usually include some utilities: Water/Sewer, Trash, sometimes shared amenities like gym, clubhouse, pool, and they are saving you the time and headache for property maintenance: lawn care, tree timing, roof, siding, etc.

I am making completely passive cash, while also seeing the value of my portfolio increase with no headaches or management responsibilities that usually come from SFR ownership.

The most you'll see is that it comes from some Warehouse Lender, which is usually just another bank or affiliate.

When most people say don't buy (like in 2009), it's usually a great time if there are strong underlying fundamentals.