@Jabari Jones, my question is: would the (future) rent coming in from your current home cover the the HELOC repayments (and other property expenses) once you draw out the full amount?

@Vera Herlihy Definitely looking forward to crossing paths with you at a meet up in the near future.

Are they also "reserving" monies for future major repairs?

If I exit in the future might just break even or get some profit.2) second deal is single family 3 bedroom at $49000 %15 percent down, same area near the college rented at $700 that brings $8400, tenant lease is month to month.

Added to basis" means not deductible but reserved for the future.

Leaving $35k in the deal for the foreseeable future means: Not really a no brainer].

Is there any possibility of future development from behind the existing section.

Their past payment history is usually how they are going to pay in the future.

Currently living in Dallas but will be moving to Northwest Arkansas in the near future.

My girlfriend and I came across a duplex built in 1959 to rent and we were wondering what investors typically set aside for future maintenance and capex on properties that are almost 60 years old.