@Chuck WardI think what you're saying is, why wouldn't you use a HELOC to pay for a BRRRR - purchase and rehab - and then just use the rent from the BRRRR to pay off the HELOC?

I am 99% confident that the loan was not fully paid off. 

Just looking to see if this is the expectation nowadays or am I way off on having RentRedi handle this for me. 

The best part of investing in the US is the ability to write off the majority (if not all) of your tax liability on rental properties if you have the right strategy. 

So yea getting a couple of those properties off there hands would be ideal.

@Kaleb Phillips an agent promoting their industry, no surprise.Problem with it, is that agents are transaction based. 

Hi Everyone, I'm getting into the real estate investing world and looking to start off with mobile homes.

Your Attorney would love to sell you stuff you don't really need.If you don't operated this 100% correctly someone intent on Sueing you will just pierce the corporate veil anyway.You are much better off taking care of your properties so no one wants to sue you, having correct STR insurance and you can always add an umbrella policy for a 3rd layer of protection.

Perhaps you eventually decide to open your own brokerage where you can train licensees and profit off of their sales production.

Whatever the reasons, a buying frenzy kicked off and drove prices higher, which created a shortage of inventory, which created more equity in existing properties, which created a buying frenzy that drove prices even higher, which . . . you get the point.It should be clear to the casual observer that rent rates and sales prices can't increase forever.