The interest type on a HELOC is consumer-friendly compared to amortization, meaning you can gain equity faster.4.

My fear is that people, both Investors and Retail consumers looking to purchase their primary residence, try to buy a house like they buy a dehumidifier on Amazon, and get burned in the process.

In Chicago, we have one that's 1500 sq feet, bare bones, at $500 a month in the Iron Street district.

The nonprime consumer lending industry has experienced record low delinquency levels and charge-offs...and loan portfolio pay downs. 

You can house-hack a property every year while you are working on your cash reserve.At the same time start consuming some deeper content on Real Estate Investment.

It was a lot of hands on and time consuming, but now after one summer, I think next year will be so much easier during the busy season.

Remember, your estate is going to have to straighten out any issues with the deed in court and that gets expensive and time consuming.  

This are you biggest energy consumers.

@Craig Bellot I agree that property management is a difficult, time-consuming job. 

Wont' take too long to consume that as well. :)Any other strong recommendations to add to the list?