The reality of real estate investing is that you only need two tools.  1- a Blue Pen2- a Note Pad.  

I'm renewing my LOC on one of my rentals with a local community bank through their commercial banking dept.

Purchase price: $219,000 Cash invested: $63,275 Buy and hold single family residence using a 203K loan What made you interested in investing in this type of deal?

I'm looking for advice on areas of Jacksonville or nearby to buy a 2-4 unit property for a personal residence with a small family.

Quote from @John Underwood: I've heard horror stories of people putting in butcher block and people using it as a cutting board.Isn't that kinda the point?

Purchase price: $307,000 Cash invested: $118,000 Purchased in January 2021, we successfully renovated the interior and exterior of this home that resulted in a premier vacation rental property.

If the sale goes through, we are making a substantial return (hundreds of thousands of dollars).My spouse and I want the money now and want to avoid the wait and see.

And as Rory points out, subsequent loans require less overall time and effort once you have a track record.

At this point I think I need to finish the renovations regardless.

Robuilt is creating a wonderful well-rounded community that is accessible to all with a low price point for once!