When using poison make sure there is no interior access to water.

I would also add interior pictures to your listing.

Your positive cash flow is $840/month, a one month vacancy on tenant turnover combined with the need for interior paint and maybe a few other repairs/upgrades will wipe out more than one third of a year's income. 

I like it because all mechanicals, roof, interior was all redone from the studs in 2021.

This super cute house has new roof, new plumbing, electrical system, interior/exterior painted, double pane windows, ceiling fans throughout, new doors, new kitchen cabinets, new light fixtures, wood floors, granite kitchen countertops, new stove, exhaust and back splash.

I've seen typical numbers of 1%-2% higher than your current rate.Summarily, a HELOC is not designed to keep a balance on it long term. 

Part of my dream would be to do the brrrr method and be able to put all of my skills to use and to be able to buy, design, create and make profits all on my own.I've been listening to bigger pockets on spotify for awhile and I'm so excited to now be a part of the group.  

They crew built new kitchens, bathrooms, electrical, and replaced the flooring and new interior paint.

Its tough to claim this designation if you have a full time, w2 job, and the IRS knows it.

The investor will purchase the property and I am to complete the rehab, which is not expected to be much other than interior paint and minor repairs.