Mortgage rates don't matter in my situation for what I'm looking for.

I am looking to get a HELOC on my primary residence. The line will be over $500k so most banks process it similar to a regular home loan.  It's been about 20 years since I have gotten a mortgage since I usually pay ca...

Also, there is no guarantee that you will have favorable interest rates in the future.

**Higher Risk and Requirements**: Lenders may have stricter criteria for blanket mortgages, including higher down payments, reserves, and interest rates compared to traditional mortgages. 3.

Attend meetups and meet as many people in RE as you can.

Then in fall of 2022 we had 2 properties on the market when interest rates went up.

I want to know what happens with vacancy rate and what happens if the market declines or new roofs have to be installed or repaving a parking lot or redoing side sewers.In my opinion, this will take someone with experience hours to graph out.It might be a "dyno-mite" deal, it might be more headaches that I want to put up with.

What other boots on the ground can do inspections or meet with contractors?

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Median Rent rate: 1600/uassignment fee: 15,000.