I just got the inspection results last night so as of right now they said they're not sure where the potential leak is coming from.

Most cost segregation study companies will provide a free cost/benefit analysis quote to tell you how much the study would cost and how much you could potentially benefit from the study.

A heloc add another trade line to your credit and can cause issues with fico scores dropping or DTI going up causing issues with credit limits or other risk based issues.Regarding the $4K in closing costs that is pretty much the standard for a loan amount of $100 to $150K.

You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.

I suggest to make deep research about the location and risk or ask experts personally before take actions. 

For illustration purposes perhaps that technique would be more accepted when you are a vendor mowing a lawn or clearing out junk as a one time engagement but as a property manager there are significantly more pitfalls and potential instances of liability exposure.

We see no difference in risk, however.

Material Participation Activities:Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.Contractor Management: Oversee the hiring and coordination of contractors or handymen for property-related tasks.Tenant Interaction: Communicate with tenants regarding lease agreements, inquiries, or property issues.Property Acquisition: Invest time in property search and evaluation processes, including visits to potential investment properties.Property Management Tasks: Perform activities typically handled by property management companies, such as rent collection or property inspections.Non-Qualifying Activities:Educational Pursuits: Time spent on real estate education or training programs does not count towards material participation.Investor Hours: Hours dedicated to investment analysis, financial planning, or portfolio management are not considered material participation.

Acquired duplex at 66% ARV, renovated for max potential.

We acquired this duplex at a remarkable 66% of its after-repair value, investing in a full renovation to maximize its potential.