Now there are different people coming and going all the time, nobody says "Hi", loud music late at night, pot smoke smells drifting into our yard, random people sitting in their car in front of our house running their engines for hours while they talk on the phone, permanent dumpster on a residential street etc.

From forced appreciation in addition to the market’s impact on appreciation, there has been an increase of $119k in equity built based on a very recent appraisal, and I am in the heloc process as we speak.

Hope you have city sewer that allows it too.Make sure as sell lots loan is not impacted. 

That said, I've never seen them on NNN leases (which already hedge you from inflation) only in NN and modified gross leases where the landlord expect to be impacted by the rise in inflation.    

At least until / unless you find something that requires you to access that equity you have (I assume you have equity -- if even from your down payment)So I say hold, as long as the negative isn't too great and doesn't impact your lifestyle.  

ok, lets connect,..i might have a 4 plex coming, local ga, next door county, and I had a junker mobile to be removed on 1 acre fernandina beach, no impact fee..you might have liked . that for your portfolio....id like to know you..the hoarder house is unnerving,,..i thought 3 dumpsters was a big deal, and jay had 64 dumpsters ..so i feel better..Originally posted by @Dana Whicker:@Matt Berklacy Hi Matt, I don't think we've met but I could be mistaken.

I agree with both of you regarding the importance of screening for a LT tenant.What are your thoughts regarding any advantages/disadvantages of having it geared more toward short-term rentals (town allows), so that we don’t have a permanent resident on the property? 

You should be paying interest on the funds as they're being usedAfter the rehab is done, your lender should be able to do a permanent refi to pay off the construction loan and potentially recoup your downpayment amount (credit unions/local banks would be the best for this since they can be more flexible with cashing out)

Here is an excerpt from Pacer that if the party prevails, it will be interesting to see how this impacts other states which have very similar laws and if wholesalers could become sued in a transaction.

I explored every possible option, and had to account for both COVID restrictions and the impact protests were having on the market.