My rough strategy is buy SFH (older but (semi) recently remodeled B- to A- properties in good areas likely to continue appreciating and attracting good, trouble-free tenants) 0% down VA (may consider a small amount on second property, like up to 3% just to speed things along) and stay in it as my own primary residence until at least 10% of purchase price paid off and able to cashflow 300+/ month after mortgage, taxes, insurance and 15% set aside for repairs, vacancy, and maintenance (like I said, I'm not overly interested in rental RE, so I want to be sure it's lower effort and worth my time in return).

Second,  do you have a marketing strategy for either LTR or STR? 

/pros/cons in regards to development strategies for your property. 

Hello BP Community,My name is Kyle Nieman and I am very interested in connecting with folks within the community/Nashville area to discuss personal experiences (good or bad), real estate investing advice (Long term rental/Commercial Real Estate) and strategy etc. 

Using a HELOC on investment property is a good strategy, DM me with any questions.

Something to keep in mind while you renovate: I suggest you have multiple strategies planned out and what your outcome would be if you had to pivot for some reason.

@Tracy CheonThe best strategy would be getting multiple bids on the work you want to get done.

HELOCs tied to prime have the risk of getting higher when it comes to the payment, yes - you have the flexibility to take and repay as you wish over time but in the long run the refi would win IMO in this strategy.

Hey BP team! I have a rental house I purchased all cash, half from a cash out refi on a previous rental and half savings. The rehab is almost done and I’ll be getting it appraised where I’ll be able to pull out around...

The engine of things and then develop your strategies yourself.People always tell me, they have no time to learn this.