I live in San Diego and it's practically impossible to get a good ROI. 

I only took out a 50K heloc though when I was living there cause I didn't want to be tempted.

It gives you a chance to discuss options with the tenant such as electronic payments etc that they may not be familiar or initially comfortable with. 6.

Plan is for year-round STR, conversion of 1/2 the garage to ADU to double heads-in-beds and add flexible living space too.

I am new to BP community living in the suburbs of Richmond and investing around this region since last 5 years.

I lived in Muncie for 5 years attending BSU.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

As long as you provide a safe and compliant living space you are a going to be a good landlord.

I live in Spring TXfor reference my mortgage, taxes, and insurance are $1840 each month, $385 per year in HOA fees 

Lived it in then rented it out.