Since your wife maybe prefers this, maybe run a side by side comparison of paying off vs scaling quicker that you can both study. 

@Joe ShayIn this scenario, I would do a comparison of the pros and cons of each:HELOCProsTapping into equity that is not really being used.Keep your immediate cash to be leveraged for other acquisitions.Relatively easy transaction (from a documentation standpoint)ConsPaying interest on the funds used (this should be factored in your acquisition budget).Lower overall returnUsing your own moneyProsPotentially higher cash flowLess paperwork - no need to secure two loans (HELOC and traditional)ConsReduced capitalHow does this individual transaction play into your long-term goals? 

.- Where does your property rank in comparison?

In comparison, 2023-2024 has been a hiccup.

The skiing pales in comparison to Colorado or the Sierra Nevada of course, but I still thought it was pretty great as a kid growing up in the midwest 😃

Remember that comparison is the thief of joy - maybe they buy in very rough areas.

Well, it is a simple comparison that makes sense.

I don't know why but I consistently get the deer in headlights look when I try to explain the reasoning and engineering of purpose-built construction and preparing a unit to be a rental, so I will use a comparison.

Quit with the history crap and comparisons to previous downturns in economy, no new set of variables in the future are going to be 100% correlated from previous times.

If say the income of a property (basically rent to value ratio) is high, in comparison to market value, then you'd pay more tax accordingly, no?