Prevention.2.

Knowing your goals can help prevent shiny object syndrome and keep you focused on the task you set out for yourself.

Recently learned that the city's zoning prevents short term rentals less than 10 days.

If you are paying $800/mo between HELOC and 1st lien but only getting $900/mo rent - that doesn't leave much to split 3 ways, save for CapEx, OpEx, pay PMs, Insurance, etc.Have you talked to a realtor (or 2) to determine if there is any functional obsolescence with your property that may prevent you from getting $225k with a rehab or how long it may take to close? 

Foundation SurfaceThe exterior surface of the foundation is Parged (covered with a thin coat of a cementitious material for refinement of the surface).Fill and seal all of the cracks in the foundation to reduce moisture penetration and relateddamages.Animal hole noted along the foundation Cracked/damaged sections of the parge coat noted on the exterior foundation wall; recommend repair to help prevent moisture entry and additional damages.

However, I face multiple issues that prevent me from getting started:- I only started building my credit one year ago and have one credit card.

It is assumed by the state that any rental larger than a 1 bedroom will fall into this category at some point because of the anti-discrimination laws that prevent landlords from refusing a family because they have a child.

I got a message from Mindy Jenson saying they were removing my post to "prevent confusion" since they reverted to the old format. 

Some will have clauses preventing you to do so at all and others could have clauses to do so within a year.

However, with out bylaws preventing smoking I don't see how that could work.