The last insurance company I left was because I caught on page 3 of a 6 page renewal that going forward only the first $10,000 of water damage would be covered.

When you don't have the financial background to support a loan (and you've confirmed with the bank this is the ONLY hurdle left), go out and get a KP in the deal.

And I travelled the country for 10 years w/o and then w/ kids so agreed - well stocked is really nice if it's large parties... for us working travelers I just wanted cleanliness - rather have clean and sparse than hairs/food/trash left behind and it's stocked to the hilt

I have about $50k left on my HELOC, and I have the property that I may be able to leverage, but I am trying to find the pro's and con's of using the full $50k as a down, getting a mortgage, or trying to leverage the equity in my 1st property.Any guidance would be helpful. 

MF property out of town, managed by PM.   Tenants, after signing a 1 yr lease, stay 2 months & move out without notice.- PM says Tenants will be liable for 30 days rent. I know CA law says tenant is liable for ren...

You should be listening to more of us who are telling you the pitfalls because if you think you are making a 200k spread with no experience, you are going to be left holding the bag on something, you just don't know it yet.

Otherwise, for ones that left the place a disaster, I'd create a spreadsheet with their names.

Most of the 'rest of us' have no money or patience left for that concept.

Long story short I’ve had really great success the last couple years and all of my equity partners don’t have any money left I have a great deal under contract that’s a home run winter rental/Summer STR in Newport RI set To close 11/19 and am struggling to find an equity partnerI have 15 doors, a great track record just in a liquidity crunch LOCs are out of play due to recent refi and banks rulesI have a term sheet for 100% financing @ 10/2 but am worried about being over leveraged to refi and wouldn’t want to exit as it doesn’t align with long term goals although it would build my capital stack by about 125kAny and all suggestions would be great!

However, I do almost all of my investment deals in Houston, which aligns really well with your investment goals.