@Taylor Holden Hello Taylor, LVP luxury vinyl plank flooring is going to be a much better long term solution to flooring than carpet.

As long as you are RENTING the property that is...and renting it with POSITIVE cash flow. 

Long term tenant moves out this summer.

A 4-plex will require more management and upkeep compared to a duplex.Future Goals: Think about your long-term investment goals.

Having said all that, if the area is large enough, the fence is in good shape, the owners seem responsible and your covered by insurance it could be a good opportunity to get a good long term tenant. 

Bergen Lafayette is unique in that the charm of houses are really important to people, so as long as you don't lose that, I think you should be good. 

Hey Nathan, Most DSCR lenders will be able to refinance you with a 30 Year fixed DSCR loan as long as the rental income covers the mortgage payment.

-Think about what asset class you want to go into as well, whether you are doing a short-term rental, mid-term rental, or long-term rental, you can also use up 75% of the rent income from the separate unit if you do decide to go into multifamily, this could make it easier to qualify for a small multifamily property.

@Trevor MorrisIf you are looking to do value add renovation for your next investment, a HELOC seems like a great move. so long as the other investor is okay with loaning out the HELCO money as well. 

I want three things: 1) I don't want to manage the notes in any real way (discussing actions to be taken on notes is fine as long as someone else more competent than me is doing it!)