If you're using this as an MTR you will want to have it furnished and post pictures of the furniture that will be there for any potential renters as set up/furniture can be deciding factor for any potential renters. 

This phase in your financial journey is akin to setting up the foundation of a building; a solid foundation ensures stability and growth.

It's not that big a deal- a relatively small one-time expense that sets you a bit above the competition. 

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What might be a good idea is to set it up with your own little 'HOA'.

I am a consumer first, a target for faceless charities second, barely a citizen, and nobody's neighbor.

Fortunately, since that time I’ve been able to acquire 6 rental properties as well as paying off my personal home 🙏🏽As we continue to grow in this crazy real estate world, goals are set and questions come up.

They trust me, can and will vouch for me in any setting where Real Estate is brought up.

Heloc are also usually set up on a shorter term like a 15 or 20 year versus a 30 year mortgage.Mortgage will have No prepay and some Helocs carry a 1, 2, 3 year prepayment penalty.

We target lots that we can build with the investor having 20% equity so they can refinance their cash out at stabilization and seasoning.