You could also build in closing costs if done correctly.

With the possibility of upcoming market corrections you potentially may lose a great deal more holding on.

Appreciation is tremendous, in these crazy markets, The only problem is I foresee a real estate correction coming.

You should look at both as tools to make money. 

You guys can correct me if I’m wrong, but if the lease doesn’t prohibit dogs, it doesn’t matter if your insurance doesn’t cover dogs, that’s Your problem, and the tenant has no obligation to get rid of the dog.Of course, you might get away with it with some tenants but you can’t force them.

It is just property, a tool to make you cash flow, ( all our service folks and even the rest of us need CASH FLOW). 

I would also still have the $15,000 HELOC I believe, correct me if I'm wrong.

This is one way to manage this large project, and it's a particularly useful tool for California-based investors.

If she chooses to steam clean the carpet after every person, that’s not what my moneys for correct?

Did I did that correctly?.