@Christina Morales how much do you currently have as a Down Payment?

An extra bonus of the HELOC with $0 balance is that it should boost your credit score because a HELOC is listed as a revolving account and looks like a credit card account on your credit report.

Good example of real estate investors boosting the economy and also keeping local communities thriving.

I know that in REI things like this happen, but where has all the morals and integrity gone?

"so what that will do is boost consumer confidence for all those fence sitters waiting for real estate to devalue in their markets by some big meltdown %... and as an asset class should sale right through the trough we are in and or have entered.ALot of why construction is down is the lack of land.. keep in mind builders need 2 to 5 years to get permits. and Spec financing has not fully rebounded as well.. so lack of product lack of liquidity in the space.. 

In addition, the value of the property had gone up which also wasn't recoverable.The moral of the story is, even if you get a title policy that doesn't except the problem from coverage, you probably don't want to buy yourself trouble. 

If my properties are continually draining their own reserves over a long period of time, then, eventually, I will end up with no cash reserves and will have to think about working a w2 once again just to pay for expenses and keep the properties afloat.At least, potentially, until the time comes when the properties are paid off (~25 years into the future) and I receive an instant boost in cash flow, around $200-$300 per property.

I realize there is a moral issue I am having a hard time squaring about having a renter and his/her family in a potentially dangerous home, although there are no indications the home is in immediate danger.

Cheapest way to boost NOI is to convert all 8 units to electric baseboard heat.

I know it's not a great deal but I really like these people and would like to get my experience boosted for better HML rates in the future.Owes: 170Behind: 15Needs: 8Rehab: 60Duration: 3 months, input 9 to be safeARV: 315 Am I missing anything?