At this point, however, the cost of entry is very high, and I don;t know if appreciation will continue at the same rateIndiana is cash flow positive immediately, but doesn't appreciate in the long term as much- historically. 

If I won’t have a positive cash flow each month, is it a smart investment?

@David ConnalDavid, I am very new and inexperienced, but I am in the taking action stage.

I plan on using the HELOC/Refinance money to put down payments (or cash purchase) on a couple of more properties, so I was leaning more towards the Refinance because of the rate increase risk, but I definitely see the positives with the HELOC!!

The firm I work at has never actually been put in the position of having to uphold the DST's validity, as it is pretty well-established.

There are positive aspects to Wilmington, appreciation isn't one of them.

You are correct, I am squeaking by but still cash flow positive, I take into consideration the tax write off since my 9-5 job pays me $160k a year and Uncle Sam loves me.

see what action it receives at 209k for a few weeks ..if none ..lower to 200K  for sewrveral weeks

I’m ready to take some action and start wholesaling to build up capital to get into the buy and hold game.

@Joe Mazur Positive cash flow is a great sign that you are doing things right.