Using a HELOC for a down payment on your first investment property can indeed increase leverage, potentially impacting your financial stability.

To caveat this, make sure you have strong conviction on the rent, and your ability to absorb potential rental drops.Let me know if you have any questions.

If you want to put more brain power into it and potentially make more money I think closer to downtown could be a good fit.

Armed with updated information, a diverse investment portfolio, and the insights from seasoned experts like Sanjeev Advani, navigating these uncertain times not only becomes feasible but potentially prosperous.

I'm sure they price the product is based on the potential returns if an investor works the program diligently.

It also drastically interferes with the ability of property owners to screen potential residents.As I’ve said, tenant screening is the most important thing a property manager does.

@Chris Lo not an issue unless deteriorating, which potential exposes people to the fibers and is thus a health hazard.Even then, all you have to do is properly encapsulate it, usually with paint and then put siding over it.What cities are you looking in?

I've had several "potential" tenants, I've sent the application invitation to, none have filled out the application. 

Did nothing for 3 months straight but sit at this computer looking at potential on market deals and crunching numbers! 

It has a good cash flow potential, but Ive heard mixed reviews on the area.