Yes....1925 home...been renting for 3 yrs....double rental...2300.00 for house and cottage ...having old piping issues.and some roof situation. ..had lived there my self....had whole house lifted....has gone up 10 percent in value....just at a standstill now....plumbing 1925...not sure but may be looking at 10 grand or more...don't know whether to keep...sell....or use loan of some type....thanks for your inputs....

So now I've got the whole bathroom gutted cause the cpvc ran under the subfloor, which btw is now sitting on the ground making an invitation to move right in and become my next tenants, but the living room now has a nice trampoline bounce effect when you jump on the floor cause all my joist supports either washed out or sank from under the house!

Regarding the 1% rule, much harder to achieve these days on anything say $95,000 or more. 

I have a whole list of marketing idea’s.

But going into building is a whole new beast.

It worked out great and he paid almost my whole mortgage then we split the utilities. 

'A' areas are not known for achieving 10% cash flow.

You'll get a handle on landlording, you'll get a leg up on building wealth and you'll have your first of many income producing properties to achieve your goalBest of luckStephanie

This leads me to believe the mortgage is the better option. exactly. confirm the terms before you lock either one down, but I've been in lending my whole career, these things are fairly standard. if you take the heloc your payments will obliterate any chance of cash flow. mortgage is better suited for that

I also will help my friends and family by re-embursing them with the mandatory 6% realtor fee's, which brings me to my next question; could I advertise myself as an agent with my slogan being " I will give you $500 cash if you let me help you" I don't see any agents that do that, and I wouldn't care giving others part of my commission, so they could get money and I could also get money but most importantly the experience.although sheet metal workers in my area make an average of $90k a year, it is just hard on the body/lots of hours and would love to try perusing real estate.