The concept here is to get to the point where your tenants pay for your housing expenses, which should give you some excess income to save and invest.These initial steps could get you to a point where you have a few doors and maybe even have your tenants covering your own housing expenses.Think carefully about selling, it seems counter-productive if you want to be an investor.

. - I hear your concern about a potential excess of new housing;  I used to share it as well. 

There is a lot of building going on and prices are quite high so I am not sure there will be excess appreciation.

This isn't so cut and dry as some of the folks are trying to make it. 

(edited)This will affect investors with separate metering for little used units or devices like pumps or EV charging.... even if you have excess solar generation or whatever the bill charges will still apply. 

Conduct a thorough inspection to assess the true condition of the property.High Vacancy Rates: Excessive vacancies can signal underlying issues such as poor management, undesirable location, or an oversaturated market.

If you have a back to back turn around, how can you do in house laundry with 2 - 4 loads of wash and dry and fold in the 4 hours between check ins.

For $45/month, you get $5,000 in rental coverage for things like missed rent, excessive damage, excessive cleaning, pet damage, and eviction costs.

You could suggest them to put their rent into escrow until the leak is rectified, but a rent decrease seems a bit excessive unless the kitchen is totally destroyed and or unusable. 

Hi Zak-Great question.It sounds like your credit union is offering you a Home Equity Line of Credit as they do not expect principal payments and your primary bank is offering you a Home Equity Loan.Personally, I don't like having to pay on an equity loan unless I use some of it and only pay on the part I use.Although, this is a personal decision for you.If you make investments that provide enough cashflow to pay the principal and interest to your primary bank on the equity loan it doesn't really matter to you as others are paying it.Another consideration is the amount of dry powder available to invest.