Make sure your lender is okay with you not occupying the home and maintaining your current loan.

I went to high school and college in Michigan on the West side near the lake...so LOTS of lake effect snow.

The new dates that the lease is effective for etc.

With a HELOC, you can maintain a zero loan balance until you find the right deal and then draw from your HELOC (at which point you will start accruing interest).

The market is shifting, and we are starting to see the first effects of it.

I’m meant to say you must maintain that much equity in the property. 

I suppose that's an effective way to mitigate risk. 

Your post shows that even with expenses that will happen over time, it is still possible to maintain a positive cash flow.I am hoping to buy another SFH as soon as possible.

I maintain my license because it gives me an advantage through access to the MLS and a better understanding of agents and what they have to deal with.I love being an investor but I would hate being a full time agent only because it's not for me.

We decided to use it as a vacation rental to offset the costs of owning and maintaining it.