another property to the portfolio, and a continued relationship with a live long client Lessons learned?

Local PM here - we have multiple development projects we are gearing up to sell, both small multifamily and townhouses should you want to take a peak at them.

The sweet spot for us is sub 400k and we are looking mostly in NH, central MA and possibly RI for deals.  

And while it has it's challenges, I love this area for long term rentals.

When you're deployed you keep the property as an investment and put a renter in it and rent if out for a few years.As long as you have lived in the property for two out of the previous five years ( Two out of the previous ten years if you're in the military) you can get the primary residence tax free exemption.

If I were in your position, I would buy a duplex that has potential for value add, fix it up, live in one unit and rent out the other unit as a medium term rental or long term rental.

Hi Dana, my family has enjoyed staying in nearby Twain Harte, and Long Barn.  

Yes you can do HELOCS on investment properties as long as it's not a multi unit.

You can tell the tenant that they can ignore the notice as long as they follow through on paying.As the landlord you want to maintain control of the situation - not allow the tenant to do so.

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.