Rushed work often leads to bigger, more expensive problems down the road.

Take a heloc to get some cash out and then use that in conjunction with the offer from your father and buy more property. 

This is a very broad question. 

So I would likely have to place this responsibility with the renter. 

I understand the cost of having to separate meters and purchasing additional water heaters and such will be hefty.

@Larry Morris-in sub to, there's an existing mortgage (or even more than one). 

Awarded the investment property(cabin) with no mortgage and home with $155000 mortgage.

Own one home currently 1,770sqft 3bed2bath. 15yr fixed 2.625% -- Mortgage +  Escrow $1650/mo, worth $365k, owe $135kTrying to buy a $400k home to move the family into, but keep our current home as a rental property.Considering refi, heloc, or home equity loan to access equity for $80k down payment.Would rent my current house for about $2,100-$2,400/moCan someone with some knowledge/experience tell me what's the ideal way to access my equity to make the most investment sense?

More headaches than I’m willing to deal with.

I know this is more of an investing forum, but I figured I'd reach out and see if members with an investing background would provide advice.We're preparing to purchase a vacation property in North Myrtle Beach.