Even without a budget for repairs/etc - let's just define "cashflow" as income left over after PITI & utilities for a moment - Mac Groveland and Highland Park are going to be tough.

Will definitely utilize it all soon :). 

Don't just be enamored by double digit returns and definitely don't feel rushed into investing in any funds. 

However, if you're running your numbers then you'll want to make sure that you're including all the interested paid for the money borrowed from your HELOC as well as the carrying costs including utilities, insurance and property taxes.

@Dennis GallagherIt's my understanding that the "Income-Expense Ratio" primarily use operating expenses as the expense variable, which includes costs like utilities, property taxes, insurance, maintenance, repairs, property management fees, and trash removal, all of which are considered when calculating a property's operating expense ratio (OER).You calculate OER by dividing the total operating expenses by the gross operating income of a property.

If you sit empty for one month, you lose $1250 for PITI, plus utilities and any other expenses.

Are you paying any utilities as the owner, aside from water and user fee?

Then moved out and we're sharing another house hack with less than $200 out of pocket monthly for utilities and internet while using 3 bedrooms and a bonus room for ourselves.

Service would change, though, as the successful experiences of early-adopter customers would demonstrate the utility and superiority of NewCo.

(Luckily 99% is digital now so I can “help her” sign.)