ARV: $300k+Seller mentioned selling to us for $250k but I am confident we can get it for less with the value and ease we can provide to them.Thank you

I've been listening and reading to a multiplicity of economic pundits regarding national debt, quantitative easing and other such fun things.

My question is "What are the rights of the other tenants with seniority that were already living in the home because it was a pet free environment?

However, I have not been 'active' in almost a decade and am not only unsure of myself, but also I know the environment (and therefore 'rules', if you will) have changed significantly. 

However, I have not been 'active' in almost a decade and am not only unsure of myself, but also I know the environment (and therefore 'rules', if you will) have changed significantly. 

@Peter Cooke, the reason they are charging you to re-key and provide keys to all tenants is that they don't know where that key actually is.Losing a key means it could be anywhere, and could end up in the hands of someone who uses it to gain access to the property, and then break into the units.Management feels responsible for providing a safe environment, and therefore must change the outside locks and provide a key to each resident.

I second @Edgar Butler and his response about looking at possible house hacks if that is within your comfort zone, as it will ease you into the investing world while also reducing your living expenses (most peoples largest expense) so that you can use that extra money from paying less for living toward investing more in future REI, reserves in case something goes wrong with property, or building your retirement account.

Yes, I was kind of wondering about the refinancing picture but another consideration there potentially is that when we looked into the non recourse lending environment under an IRA account, the terms are not favorable, at all.

On different non financial note I am a rock climber/hiker and care a great deal about the environment.

Originally posted by @Mike Jacovelli:Trying to get some input if it's better to use a heloc or a hard money lender for my first rental property.From a cost, ease and lack of deadline perspective, a heloc is far superior and I agree with Nathan.One advantage to a local, knowledgeable HML is experience.