Of course after that first 6-12 months there will be an interest charge on any balance you hold and cash advance fees if that's how you access the money.I'm not saying that it's a bad thing.

When you start with the end in mind, you have the advantage to look for a repeatable business model as opposed to what most noobs do: looking for unicorn as their first deal.

I personally, would keep the property and hold onto it as long as I can.

I think you need a better system for screening applicants and then holding them accountable when things get off track.2.

Investment Info:Single-family residence buy & hold investment.

I'll be going through a few of our fix/flips, buy/holds  and our lead generation, acquisition, renovation, and disposition process -- good ones and bad ones too!  

Listen to the terms: - 11.5% interest rate- 5 points up front (pay 5% up front as a loan origination fee)- Have to hold 18 months in reserves for PITI.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Repeat the processThey call it the "BRRRR" strategy around here.

There is very little risk involved in holding an index fund for 10 years, and you are nearly guaranteed to get at least a ~7% return without having to do anything.