If you don't have the expertise to do the due diligence, bring in a broker for their opinion / aappraiser and a few contractors to look at the home structure/mechanical's.

Like many of us here, I felt as though my life was on auto-pilot, and I wasn't working towards anything meaningful. 

I am an automotive mechanic currently making just shy of $30hr.

I think both a HELOC and a hard money loan are really something you should consider a bridge financing mechanism.

I'm 24, working in the Texas oilfields, have a Mechanical Engineering degree, and sitting on some cash.

We send a notice to stop, then the site will auto-ban your account and you'd have to reach out to our support department to get unbanned.

My hope is that the clientele we bring in won't completely trash the place but I realize that is just wishful thinking and that people, regardless of income/ what they are willing to pay, can behave like animals (I was in the auto industry before becoming an attorney and the things I saw walking trades will forever haunt me). 

Accessible cash for downpayment and capex, your financing mechanism what percentage downpayment?

Those equitable gains can be tapped via additional finance mechanisms tax free, there in amplifying purchase power vs tax'd capital, or via an exchange. 

I am not that concerned right now given I think there will always be mechanisms in place to avoid it (move into one of the units as an owner, move a family member in, do another renovation, etc) but want to make sure I am not making a big mistake here.Thanks all!