If you can swing living in one of the units of your new multi it could help to lower the rate on your loan by about a point, which I highly recommend.The process is almost the same but your inspection is going to cost more and you'll have to take over the leases of the tenants already in place.

And right now some deals (less conservatively structured with high debt, floating rate loans, etc) are under distress and had to stop distributions.

Quote from @Eric Dumais: Hey All,I'm looking to get a HELOC on my primary and I wanted to know who others have been using and what rates they've been seeing here in Maine.Appreciate any input.Hi Eric, HELOC rates are high right now especially if you’re going to use a wholesale outlet.

I am not able to deduct depreciation on my rentals due to my AGI being too high.

I'm still thinking if this is the right move for me given the high property taxes there, hassles of out-of-state management, additional CA taxes, as opposed to simply investing in index funds (which might have more returns).

I originally posted on reddit saying I had 20k cash to my name but very very low expenses and a high risk tolerance.

I’m a W-2 employee in a high income tax state.

AlabamaEffective Property Tax Rate (2019): 0.37%4Typical Home Value (2022): $189,9766Annual Taxes on Home Priced at State Typical Value: $702.9The current metro area population of Montgomery in 2023 is 374,000, a 1.91% increase from 2022.

Everything is highly individualistic and there isn’t a “right or wrong”, but what works best for you and your situation. 1) what is your ultimate goal for your ideal investment property?

However, high ground water levels, like those after heavy rain, can submerge leach fields, causing "over saturation" and system failure, leading to potential septic backup in the home and, if Santa Cruz County Environmental Health is notified, could trigger a ATD upgrade requirement.