Without knowing the area really well it is hard to know how much of that is the cost of land baked in.

Hey @Adriana McLaughlin - This is actually the FIRST TIME I have heard of the term "ALL-IN-ONE-FIRST-LIEN", but after doing a little bit of reading on it I am not sure I still completely understand.Basically, you apply for a HELOC credit payoff your existing mortgage with this variable HELOC and then in theory have some leftover as well...so the advantage is paying off your loan early and getting access to a line of credit, but the disadvantage would be a variable rate mortgage for the reminder due on your orginal first mortgage? 

Mass Save will give up to $10K for that as well. 

Highly recommend using leases as well as legal documents from Evict.com.

It's currently valued at about $95-$100k.Should I sell the property & 1031 into another "nicer" multi-unit in a better neighborhood that will certainly cost more & likely not cashflow as well?

Hi everyone, hope all is well!

I find the supplies usually get used and, to me, that's money well spent if my guest is keeping the property clean.

In addition weather makes a difference as well.. snow ?

(You can do it with STRs, and Airbnb is mostly what I'm seeing with my investor clients.)But we were breaking even with our first two or three rentals in Denver as well that we bought between 2015 and 2017.

There's also some nice meetups as well you'd learn a ton from.