East of Grants Pass at the Southern Tip of the I-5 corridor is a region that can offer some very affordable entry points for rookie or lower price point investors. 

A little more background…My fiance has around $100,000 equity in his current home, but we are hesitant to do a HELOC bc he doesn’t want to risk the equity he’s built up, this being our first flip.

It’s a non judicial state so sale date will be February / March.So they either sell it, refinance it or another way to get the $ - I guess the borrower can file bankruptcy but that would be interesting since he gave up his interest in the property.So we could easily get a motion for relief

If they can't/won't pay the termination fee, then I let them leave but make it clear they are responsible for the terms of the lease until a new tenant is found.

I recently was given the responsibility to manage this and learning how landlord tenant relationship works, how to work repairs, and how to think about future investment strategies.

Thanks for the quick response Mo!

Move into one apartment and rent out the other, either to current tenants or, if necessary, to new ones.As the owner-occupant, you are responsible for maintaining and repairing the property, as well as collecting rent.

Quote from @Carter McGill: Almost every response will advise you to cash out your equity and use it to purchase another property.

The company envisions expanding its asset tracking system to include furniture in rented properties introducing a phase of responsibility and transparency.

Sorry but that is not a helpful response.