@Jacob Hafer, in most cases its a sunk cost and some landlords nefariously even use the application fee as an additional income stream.

I will tell you if I could have put down 5% instead of 20% on my 7 properties I would only be into them for about a total of $70,000 instead of close to $400,000 which would have allowed me to purchase an additional 5-6 properties if not more.

END QUOTEIf someone submits BS documentation for an emotional support animal, they are notified that their application is being put on hold until additional valid documentation is submitted. 

Hi Kingston,With a HELOC, you are essentially opening a line of credit in addition to your original mortgage.

As for STR, I am about 20 minutes from the beach and it wouldn't have much attraction IMO as far as marketing it as a vacation or getaway or anything like that, especially because it is only about the size of a studio (its a garage conversion for the bedroom, and then an additional kitchenette area and bathroom behind it).

Additionally, I prioritize respect for seniors and recognize the difficulty of embracing change.

Cash flow before taxes" = NOI – Debt service – Capital expenses + Loan additions

Its good to explore all options so looking at what selling would do as well as LTR could make sense as well. 

I keep a little 7.5 cu ft fridge and offer to have my handy man deliver it the same day a tenant reports a fridge out. https://www.amazon.com/RCA-RFR725-Apartment-Refrigerator-Sta...I have our appliance guy out if it's a newer appliance or I go appliance shopping if it older than 7-8 years old.If tenants want other additional compensation, I tell them that it's not my job as the landlord to protect them from every inconvenience; we will provided a compact fridge for temporary use on request and promptly schedule a repair and replacement and they should contact their renters insurance to determine if any additional benefits are available.

As PO BOX rates have more than doubled in the last 10 years, I'm trying to setup an additional mailbox for my fourplex building for the purpose of receiving administrative mail to effectively use it like a PO BOX.