Again I don't recommend using the HELOC to buy a LTR unless you can force appreciation heavily and refi out the HELOC.Regardless having a HELOC out is a good idea so you can be your own bank and fund a flip or BRRRR.I would go with the 300k as it might take time for me to find a deal and I would have more resources for bigger projects. 1% isn't too crazy... accesss to 100k is better IMO

I suggest you check it out I think that I'm better looking but he is probably better at real estate then I am lolThanks and have a great day.

If they are asking for a discounted rate, more than a LTR but less than your going rate, that seems to be a better indication they are real people.

I would personally feel better if they were at 4" though, particularly if there will be small kids as renters.

The house will cash flow but the property comes with a great newly built barn with a slab and all.Now when my brother and I both left for college my parents had no use for a golf simulator that we had in our garage so they offered for me to use it at a property.This would for sure add a lot of value to bookings but I cant decide if the $50 - $100 a night or so increase (just a estimate) is a better option than spending the 40-60k to turn the barn into an ADU / separate dwelling to add cash flow and equity to the property. 

If not, you may be better off just standing pat.

Also many fail to look at tax consequences of debt funds - they are taxed differently and I know funds where 10% gross will be a far better return than 12% gross because of how they are treated.- Uses no or very, very little fund leverage (LOC for less than 20% of fund equity) This is very important component to realize and understand - where are you in the debt stack- Lends in one specific location/region that fund managers have deep operational experience in and which has speedy foreclosure laws.

Cincinnati and Northern Ky is an area known for cash flow, but I would say Northern Ky is more what you are looking for because you likely won't see cash flow as much, but growth here is better right now, from what I can see.

I follow some real estate investors and want to put some of the strategies I learned into play.A little bit about me: I came to the U.S. in 2019 to study electrical engineering and always tried to learn how to better manage my personal finances.

It's going to be tough for Multi-family investing just now in Hot Markets, may be prudent to limit investing until things shake out a bit over next 12 months....I think triple Net retail has better wind at its back from supply/demand basis at this time.