I’m staying focused on making the best out of my preferred local markets where I know the zoning regulations and what is required governmentally to either own rentals or to do work on my buildings.

I'd say it's hard to get both. the best construction finances are on biggerpockets. we give 5-10 to our clients to consider and talk to whether they use them or not all the lenders know who we are and we form relationships with all of them. most are active on biggerpockets and can help get people out of construction even if they don't know anything 

Even if newer buildings can't price rents as low as yours, they might offer amenities or modern designs that attract potential tenants.Local Economic Factors: Consider local employment rates, major employers relocating, or any changes in the local economy that might impact rental demand.2.

They are the best resource for understanding local STR laws and ordinances.

You may want to visit a few cities to get a feel for the different markets and meet local real estate professionals.

Outside of real estate, I enjoy spending quality time with family, working out, getting active outside and listening to Bigger Pockets :)Excited to learn and connect with you all!

If all else fails, i'd look at the local laws to see what type of escalation is possible and have them take it from there.It's unfortunate for your tenant to be going through this but ultimately the situation seems to be out of your control considering you've already sought out a resolution on their behalf.

Hi Jason, if you want to purchase another rental property(s) and actively manage it, a 1031 may be a great solution for them.

So when I go to a credit union local to me, they dont allow me to do a HELOC because located in different states. so may I please ask if there are any suggestions on what is the best way to pull money out in this situation from the rental home?

I saw this often, but if you want to meet with others like yourself or people who have done a ton, hit a local meetup.