Just be prepared for tenants that can't afford to mow the grass, or change light bulbs. 

By 2019 standards, it's light theming. 

@micheal bereslavsky  Good afternoon,I would also be interested to find out if there is anyone who could shine some light on there experience in investing in Panama.

On paper I'm ready - I have the money, I've done the research, I have well-defined property/neighborhood criteriaI, I have an agent, contractor, property manager, lender, etc.I'm targeting off market deals with light value add potential in an area with high appreciation potential.

So I didn't go into light heartedly. 

Especially on the right, where I wouldn't call those outdated finishes and the colors look nice, maybe just needs better lighting.

With the $38,000 from the HELOC, you can cover down payments, closing costs, or even some light renovations on a new property.One strategy you might consider is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat).This approach lets you leverage the equity in your current property without sacrificing your cash flow.

I can shed more light on this for you.

I had 200 units go into contract about a month before the market's light switch was flipped, but that deal failed to close because the market had collapsed in the subsequent weeks and the buyer was unable to cross the finish line, so I still have that one.These last 1,000 units were all part of my last two multifamily funds, fund VI and VII. 

That's not something most carriers do lightly.