So note to all owners of older builders - this is not a bad idea to include when doing a large scale rehab.Total labor cost: $13,000For the amount of labor and the materials he was including this was a really solid price. 

Hi Nancy,being licensed in GA I'd say Carrollton, GA can be a solid option for long-term rental investments, especially with its growing appeal as a commuter city with proximity to Atlanta.

Hi Brenden,Your plan to use a HELOC to convert your basement into a rental unit sounds like a solid house-hacking strategy, especially if you can get $3,000 in combined rent.

By no means cheap but solid rent + demand, fun place to live, decent inventory (relatively speaking), and is still commutable to the city. 

Ensuring compatibility among tenants, setting clear rules, and having a solid management plan can help mitigate conflicts and turnover.

If house-hacking is out of the question/you already own a primary at the very least, then that sounds like a pretty solid option/interest rate (although I might be able to beat that...).

Hey John, if your priority is security paying off the mortgage in 5-6 years would give you a solid $4K/month net.Alternatively, you could use the HELOC to acquire a few rentals, likely in out of state cash flow markets with strong price to rent ratio.

I would make sure your numbers are solid and that the deal would make sense and is lucrative for the investor. 

Simple, there is only one way to do this....First you need to get a solid ARV number.

RI or NH seem like solid options these days as a Boston alternative.