I BRRRR into my next property and the attached HELOC provides me with a great source of flexible capital.

My goal is to capitalize on those unfulfilled niches and develop strategies that provide maximum benefits to both the lender and the borrower. 

@James Coleman I would be happy to provide a 3rd party review of the property and numbers to provide you an analysis. 

Partially depends on 2 factors in my opinion.

You can build a solid team if you start by finding an investment focused realtor who sources deals and has a large network to provide you with.

Tenant has caused physical damage to the property (the interior is overall trashed, the latest damage is to the exterior siding around the main entrance as if from someone wanted to break in)Thank you everyone in advance for your input on this.QUESTIONS:1) Notice to Quit - The new lease signed with our tenant included the following clause: "If tenant breaches this lease for any reason, tenant understands and agrees that tenant has waived or given up tenant's right to a notice to move out unless a different period for providing notice is required by local ordinance or is stated here:..."

As an investor myself, I'm constantly on the hunt for coastal value (hence our most recent Mexico STR and coastal Oregon since 2018) and having lived in many of the most desire-able coastal cities like Ft Lauderdale FL and Venice Beach CA, I'm convinced the Oregon Coast provides some of the strongest relative coastal value and particularly oceanfront property in the continental US. 

Depending on the market you are currently in, you can buy, for example a 700k quadplex or duplex and your downpayment would be about 35k.

But I have investors that bought properties with me pre 2020 and their properties have all gone up in value 30-40% so you never really know what external factors can positively or negatively affect each market.But even though prices have slightly gone up in this area, there are still a lot of good deals to be had, depending on what types of properties you're looking for and the type of neighborhood you're looking to invest in.  

Some people see it as a way to get into a multifamily house at a lower downpayment and interest rate, while still providing themselves a place to live.I think the only way it would be "wrong" is if it puts you in a situation you can't afford or makes you "house poor".My husband and I rent out 4 of the bedrooms in our house plus a bonus room, meaning we have 6 roommates, but our entire mortgage is covered.