A few notes:-- Does the rental still work when you account for the additional HELOC payments?

First Account Closed there are approximately zero good reasons for a seller to be looking for ways to sell subto.

You could try to find something that needs some either minor or major fixing up, and adjust your budget lower to account for 50-100k in renovations, or start searching for a lender that can help you with the construction costs, and then pay it off once the renovations are complete with a refi.

So you will end up evicting which is another 30-60 day process depending on how backed up is your local courthouse.Also eviction costs are added to tenant account so generally I started the eviction within 30 days of delinquency (most judges will throw you out of court if you file under 30 days lol).

@Yang ZengYour situation presents a common dilemma for real estate investors: deciding between investing locally where you might be more familiar with the market but face high property prices, or exploring out-of-state opportunities where properties may be more affordable but come with their own set of challenges.Here are some considerations:Risk Tolerance: Take into account your degree of comfort and risk tolerance while managing properties remotely.Objectives: Specify your investing objectives, including cash flow, appreciation, or a combination of the two.Market study: To fully grasp the development potential, employment opportunities, and rental demand of prospective out-of-state markets, do in-depth market study.Hybrid Strategy: Another option is to choose a hybrid strategy, where you invest in a combination of local properties for stability and simpler management, and you set aside some of your portfolio for out-of-state properties for diversity.Before making a decision, it's essential to consult with real estate professionals, conduct in-depth market research, and possibly network with local investors in the markets you're interested in.Remember, there's no one-size-fits-all answer, and the best strategy depends on your financial goals, risk tolerance, and personal preferences.

Some people write books, some people create online businesses, some people invest in real estate.It is, of course, the last of those that has brought me to where I am, and Next Level Equity to where it is.Through investing in real estate, I generate income in my sleep.Regardless of what I do that month – work overtime or lounge on the beach – that rent check comes in every month, like clockwork.

I have been trying to educate myself online but it’s definitely lacking on finding solid advice.

Write a review of the lame assessor's office and post it online.

@Nicholas Arcidiacono online rental applications are the standard now.

agree yes my accountant said "exemption" from increased property tax. if we were to just landscape the property it would be valued higher in year 1. and higher property tax paid.