This Mountain Modern condominium has high-end finishes in kitchen and bathrooms including heated floors and custom built-ins in the living room.

And the newest ones have no pictures included, just a description.I hate to say it but I can't monitor craiglist/zillow/hotpads each and every day (and one of the ads that still shows up involves a house I've had rented since September of 2013).

I've recently seen people giving advise to take out a HELOC as a means to pay your normal everyday expenditures including bills, and at the same time, taking your paycheck from job and applying it every month towards your mortgage payment.

Run the numbers specific to that deal, including rehab costs, ARV (After Repair Value), and rent potential.

Latest estimate I saw was $150/sqft to build not including the land.

We are brand new to this; however, my husband has been in residential construction his whole life, including many years in project management of residential home developments.

Now if you are going off of our total purchase price including the mortgage that would put me at 18%.

Deciding factor would be to compare RC/ACV, Coinsurance, exclusion, etc and if it is inline with your risk tolerance.

I self manage 30+ properties and I can double the volume before I hire a full time PM.

Yes I think we are in agreement that without a lot of time it is not worth self managing.