However, if you can't handle the new HELOC payment combined with the new investment payment then cash is king.On another note having the HELOC is a great investment in itself because you can draw on a standard HELOC for 10 years which will allow you to put a down payment on this investment and if you pay it back you can use it again on your next investment or to even to update the investment or the primary.Best of Luck!

Check the crawlspace underneath the low points and you will probably discover that the piers have sunk into the ground.

If just getting to help you as an investor it usually isn't worth it in my opinion since you are held to a higher standard and the fees involved with getting/maintaining your license.

For painting, around $85 a wall for a standard 8' wall in a normal sized bedroom.

I plan on using my HELOC to fund the 15-20% down payment required when using a Hard Money Lender (HML), the thing is I just discovered that it takes about 45 days for the HELOC to get processed. 

Even college rentals that had been renting for ~$1,000/room consistently for years are now getting up to $2,500 for a standard room in a shared (dumpy) house near campus.

You have the US-style standard properties that only the foreigners and wealthy and upper middle-class Mexicans can afford and buy.

for best oceanfront house dals for STR (I actually research OBX and cash flow there works the best, although it's an opposite coast for me so less lucrative for the first real-estate investment)- Take into account the need for good management/cleaning services as for STR it's critical to keep the property up to standard in between rentalsAlso, I have an additional question on the CapEx for STR vs LTR, does anyone here have some experience to share?

Sounds like it is a textured plaster ceiling and not drywall with standard acoustic (popcorn) so it will not scrape off.

There is actual test standards they undergo.The good news is that thieves are lazy, dumb and lack lock picking skills.