Based on location and some rough math, he's definitely looking for market value (stabilized asset) vs the current condition.

The cash flow is poor for this value of an asset and my equity position.  

The investment is not the month to month cash flow, it's literally the asset itself.  

If you violate any of these rules you could blow up your IRA or 401k and the IRS could force you to distribute all of the assets in the IRA or 401k.

That allows the payment to be low, manageable and easy to cash flow when you transition it into a rental.When you move out you will have more money in the bank, stronger assets, and be cash fluid in case you need to make an offer on more investment properties.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.

Sometimes there is only great recession data, and that recession was pretty mild on some asset classes, versus previous recessions.

They provide strong asset protection, separating your personal finances from your business.

Yes our fund is similar in nature and asset class.

A heloc can "never" be used as an "Asset" or Liquid reserve both required when you purchase additional rental properties.