We hope to start having solid content shortly after the first meeting.Will likely bring in a guest speaker from time to time as well.This will be an agnostic meet-up meaning it is not tied to or sanctioned by any of the educational platform/programs.

Your properties are tied to your reputation.

We hope to start having solid content shortly after the first meeting.Will likely bring in a guest speaker from time to time as well.This will be an agnostic meet-up meaning it is not tied to any of the educational platform/programs.

The area: Sandusky, OH 44870.The local economy: tied to the seasonal fluctuations of Cedar Point, an amusement park.

There's no one right answer to this, but if I were in your shoes I'd probably put a conventional mortgage on it now to lock in long-term financing at historically low rates, and use the cash to purchase more.Nothing wrong with a HELOC, but it will be at a lower loan-to-value ratio.

Put yourself in an intermediary's shoes here - what if you were working on behalf of an investor and this happened, would you just eat this loss and not forward it along to your client who reaps the benefits of those payments?

What would your approach be if you were in my shoes?!

You also cant really call your chips back either can you since you would have them tied into 1031 exchanges (without heavy tax implications). 

Long term want to have buy and hold rentals but don't want to tie up too much cash into individual properties.

You might get 10 responses for 1000 tries and maybe close a deal or two.In my area, there is a builder who tied up a bunch of properties and then committed some sort of fraud and ended up in jail.