@Brett Schmidt normally I would recommend 30 but your return will be much higher with the 85% LTV loan most likely compared to 75%.

I’m just getting started in real estate investing and I wanted to hear what some would say are the 3 most important elements to keep in mind when you’re just starting out.

I've come across a couple investment groups that are very gung ho about HELOCs, and while they do provide much more flexibility in payment compared to a traditional mortgage they're certainly not the silver bullet that some make them out to be.

However, the difference compared to last year is abysmal.

It’s also advantageous compared to many other investments due to the fact that it depreciates over time, which can help you preserve wealth.

Put a sunset timeframe on it and, in my layman's opinion, you have the primary elements.This is where I am saying you can either deal with the major elements, or hash it out to death legally. 

But, to show how useless it is, I could easily do a few cash out refis and have negative cash invested to have a portfolio wide infinite COC.)My main point was try comparing ROI or RoE it’s more “compatible”. 

I'm pretty confident that I'll be able to find a new tenant fairly quickly as the rent is around 10% below the median for comparable apartments in the area. 

Being that it's storage units, maybe the building part is slightly more straightforward and less costly compared to residential developments, but in my work of primarily residential construction, those two areas are generally split up between a developer and a builder.

So even elements that don’t appear damaged can be contaminated.