I meet the requirements, which are: 1) More than 640 credit score. 2) No missed payments 3) No second mortgages 4) did not use a down payment assistance program to buy the home.  

* I will be using this line of credit for the down payment on another investment property/home improvements to my primary residence.

I was wondering is paying cash and doing a little rehab on them would be worth the return on rent?

My husband and I have a house with no mortgage and great credit, but no cash to invest right now.

In theory, it would make more sense to maximize value through the retail route and enter a combined exchange, but finding the right buyer for all three in GA + 1 buyer in Iowa could be a better return on brain damage.Good news is there is still a lot of cash out there seeking yield.

I do, however, have virtual credit cards for vendors I have recurring payments with like cleaner, spa maintenance and yard maintenance.

You are being VERY NAIVE if you seriously think someone is going to manage a $10k+ project and spend HOURS chasing contractors, checking on permits, verifying work is done properly before payment and trying to keep everyone on schedule - for no additional charge.Best of luck, just don't blame anyone but yourself when you find out the truth the hard way.

Other than cap rate and cash flow, what other metrics/calculations do investors use to determine whether or not a property would make a good rental?

Purchase price: $460,000 Cash invested: $50,000 My wife and I purchased a duplex in November 2022, lived in it for a year, and now rent it out using a long-term hold strategy.

For SFH LTR, I'm curious for your current take on the following deal analysis metrics:- What are you considering an acceptable cash on cash return currently?