Interested in potentially joining as well.

Have a property manager give you an estimate of potential rental rates for your area.Cheers!

Low or no money down can be high-risk and should only be attempted when you have a proven track record and really know what you are doing.

thank you guys for your input, I'll definitely stay away from this risk!

@Brandon Nguyen Vancouver still has lots of appreciation potential so you'll definitely benefit by owning there long term.

The risk of pulling equity from _____ is not worth buying that property.

Personally, I prioritize land lord friendly states because this significantly reduces risks.

Here is our experience:  There is considerable potential to manage a yield-bearing asset, but as @Alice V. mentioned, insurance costs have soared, to $1,250 per door.  

A heloc is an open end mortgage or in simple terms its a high risk credit line similar to a credit card that sits in 2nd lien position adding another trade line to your credit and reducing DTI.Just like a credit card if you ever miss a payment on any debts on credit or if your scores drop unexpectedly they bank can close or reduce your line of credit.

of the risk should things go horribly wrong.