If so, it would be a good precaution to re-key.

[Have a good re-read of James' post above].

I'm still a bit hazy understanding exactly how an RE investor should shift strategies around those rates, but that's one of the questions I hope to have answered or at least discussed on this thread.Second goal of this thread though is to ask what are some broader macro and more focused local micro indicators that you, as an investor, use as buying or selling signals?

Full re-pipe and re-wire, full sheetrock downstairs (ceilings too), upstairs just new texture, all doors replaced, all cabinets replaced (upper and lower), all new flooring (enigineered wood, tile and carpet upstairs), etc. 

I would do a HELOC as long as you are going to aggressively pay it down and re-use it. 

I don't actively seek to work with licensed RE agents.

There are other reasons other than vacations why people invest in RE.

A good friend of mine passed the bar a few years back and is transitioning into RE law.

This may have been in another post, but thought I should bring it back to light.I think that not enough of us know, or take advantage of what most banks call a "re-cast" or "re-amortization" on a loan!!

I’d try to re-rent it as soon as possible.Next question for you is: if your original contract supports your claim (but be sure that it does), and you still have the security deposit, “charge” against that.