What's your plan if your tenant stops paying after the first month? 

Hi Flavia, Research the local market trends, economic indicators, job growth, and development plans in the area to gauge its long-term potential.

The real estate website expects Toledo home sales to increase by 14 percent next year, because the lure of low-cost housing has sparked a surge of buyers.Both buyers looking for a place to live and investors planning to renovate and rent find Toledo attractive, according to the real estate website.

I plan to move back to India soon and was wondering if at all it would be possible to remotely manage my properties from India (12 hour time difference makes real time communication a lot harder).

Does it sound like a plan, what experience advice here. 

I talk to folks all the time that contact us for our line of credit product that it is just not suitable for after they explain their plan. 

Say the work should take a 6 weeks - I'll plan for 9.

I love using HELOC's for investing as long as you have a plan to pay it down quickly.How long have you had the HELOC open? 

Not enough info here to tell.....Do you plan to finance this or pay cash? 

However, I don't know if there's been soil tests, building plans, I don't know if there's utilities in place underground, if it's in an HOA, etc..