In addition I wasn't going to even mention this site but heres the link http://www.ripoffreport.com/reports/jerry-norton/i...Thats all ill pick on him today.

Both properties have a substantial amount of equity that’s essentially sitting idle.Would it be a good idea to tap into this equity (through a HELOC, cash-out refinance, etc.) to fund future fix-and-flip projects or purchase additional rental properties?

Additionally, depreciation recapture (taxed up to 25%) still applies upon sale.Option B: Stay Two More Years and SellSince you rented the home for 8 of the last 22 years, after two more years as a primary residence, you would qualify for a 14/22 (63.64%) prorated portion of the $500K capital gains exclusion ($318,180).

Additionally, you can still find deals that will cash flow and hit the 1% rule and amazing appreciation potential. 

This sounds risky, are you being compensated by additional rent and have you checked with your insurance to ensure you are covered. 

If you fail, you can raise capital for my projects and will give you another Co-GP title. .......Or you can organically grow your real estate portfolio and credit worthiness &  keep the $30K. 

Additionally, Mr.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential! 

Any additional will be refunded a few weeks after the auction. 

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.