You do want to be careful though, as in a perfect scenario, you'd BRRRR the rental and when you refi, pull all your cash out to pay off your HELOC until you find the next deal.Challenge is that it's not as easy to do this as it was 2-3 years ago when low interest rates could cover mistakes.PM us if you'd like to chat about more specifics:)

It may not add much value but I am hoping it'll bring up the rental rates when that time comes.

Then ask why the property tax rates for hotels on Maui hasn't increased in over two years, yet they continue to raise it for STR's as well as non-owner occupied residential properties.

Let's use a tax rate of 25% just for kicks. 

I was wondering if you're comfortable sharing some insights with me.If so, could you let me know what trends you've noticed in terms of vacancy rates for your unit(s)?

Staying at your rental properties may not be so great for tax purposes.You would need to pro-rate some of the costs from deductible to non-deductible.Furthermore, if you stay in the propery for more than 2 weeks, you limit your losses.

Studies show that group training has only about a 5% success rate in buying properties, but people say they like the group atmosphere except they don't get their individual questions answered.Most "hands on”, “one on one” have the opposite, about a 90% success rate of buying properties.

Just because something can be done doesn't mean that you should do it.I would not own real estate within a retirement account(including SDIRA).Reasons1) Complexities with RMD2) Lose out on depreciation3) Appreciation when sold would be taxed at marginal rates instead of preferred long-term capital gain rates4) Etc

Market is overpriced for the median income and interest rates too high to cash flow.That being said, there are deals - one just needs to be smart

. :) just dont let Cap rate influence you into buying high yeild high risk properties those you will most likely regret buying.