And yes, you should be able to use the HELOC for the renovation.I was thinking this route also but than I would have to go for an extremely low priced property for the heloc to fund the whole thing.

I'd love to hear how everything goes, about both your highs & lows.

From fixing up neglected maintenance to improving communication with the tenants, we turned things around one step at a time.

Interest rate is way too low for a 100% program and I do not like 2500 upfront that gets "reimbursed". 

Agree on the house hack ONLY if you have reserves for maintenance and repair.

Inventory is low .

This way, tenants can easily submit maintenance tickets online, and you can reserve the phone number for urgent situations.If your business continues to grow and you find yourself reaching capacity, another option is to hire a cost-efficient, general administrative virtual assistant.

In order to do this, you want to make sure your loan to ARV on your initial bridge loan, or loan to costs if using cash, are low enough for you to come out ahead on the refinance.

High Maintenance Costs: Escalating maintenance costs can erode your profit margins.Change in Neighborhood Dynamics: Shifts in the neighborhood that negatively affect your property’s value are a red flag.Better Investment Opportunities: Selling might be wise if you've identified a more lucrative investment opportunity.Cash Flow Necessities: If you need liquidity, selling a property can provide a significant cash inflow.Tax Implications: Sometimes, selling can be advantageous for tax reasons, especially if you can benefit from capital gains tax laws.Personal Financial Changes: Changes in your personal financial situation may necessitate liquidating assets.Retirement Planning: Selling investment properties can be part of transitioning into retirement.Portfolio Diversification: Selling might be necessary to avoid overconcentration in real estate.Legal or Regulatory Changes: New laws or regulations can impact the attractiveness of holding onto a property.Ownership Challenges: If the burden of ownership outweighs the benefits, it may be time to sell.Real Estate Market Trends: Anticipating a downturn in the market can be a reason to sell early.Interest Rates: Rising interest rates can reduce the pool of potential buyers and lower property values.Property Value Appreciation: If your property has appreciated significantly, taking profits might be smart.Lifestyle Changes: Sometimes, personal life changes dictate a shift in investment strategies.ConclusionDeciding to sell an investment property is a complex decision influenced by market conditions, personal circumstances, and future investment goals.

2- If I employ a full-service property manager to handle tasks such as cleaning, maintenance, booking, and guest communication, while I focus on business aspects like property search, renovation, decoration, bookkeeping, and supply procurement, would this still qualify as material participation or could it pose a risk?