I plan on continuing to save for more rentals, but I figure if I can use the equity in my primary to speed things up a bit, that might not be such a bad thing.  

I know of a property in my area that is zoned for General Warehousing, it's about 4 acres, there is a single family home, detached garage, and warehousing building (all in bad shape) on the property.

The bad part about real estate is that you have a ton of options (read distractions).

In this case, multiple tenants have rented these units for 5/6 years-I figured keeping long term tenants is a priority, but what I am hearing is initial turnover is not necessarily a bad thing.

Good payment history, slightly below market rent, but not bad.

The escalator clause is not a bad thing, but just another tool in the box.

How badly do you still want to close this deal?

So I am not really feeling confident to put down an offer unless I can be reasonably certain I will get the financing.Can some of you share with me your experience (good or bad) with these platforms and what process you used to get the funding from them, how the experience was, etc?

@Mike DeBuccio Jr. before you invest out of state, you need to do your due diligence about the market, find a good team (Realtor, Property Manager, Lawyer, title company, etc)  a good property could be a bad investment if you do not have a GOOD team on place.  

nid=453The bad news is that there is a petition circulating to put the question of implementing a complete BAN on VHRs on the ballot.