The payments on a HELOC are typically higher than a traditional loan (usually 1% per month of the outstanding loan balance). 

If the idea of having outstanding debt is mentally draining it's great that you could easily pay it off and just give yourself that peace of mind. 

$280,000 could have been an outstanding price or a terrible price.

But a 60/40 stock-bond portfolio is probably one of the most passive investments you can make with reasonably good expectations of success.After my first month in digging into all this, it seems to me that good TK properties provide a really outstanding risk-return profile compared to other passive investments like stocks.

I am sure you are going to be an outstanding investor. 

@George Hariri  I realize this is an older post, but this video provides an outstanding way to analyze markets with FREE tools. 

I've also written a few articles about outstanding houses for the real estate section of the Santa Fe daily, as well as website copy for a number of real estate companies looking to provide their clients with "neighborhood information" on their websites.Currently, my wife and I live in Santa Cruz, California, but on a road trip two years ago, she fell in love with the deserts around Tucson and so by the end of the summer, we intend to move there.  

Lenders may in some cases require that the borrower maintain a certain minimum DSCR while the loan is outstanding.

I try to take care of all my outstanding work orders and do improvements on Saturdays. 

@Cameron Lam outstanding brother I hope you do document your story.