Also pls note that my 2.95% expires in 2022 and a 30 yr fixed is currently 4.6%Your cash-out refi rate will probably put you higher than that 30 yr fixed note.Benefit of HELOC is you can just dip into it when needed, but your primary would stay the same.

They've already been paying taxes, they have someone staying in a trailer in the backyard to prevent squatters. 

Their job gets easier over time, the GC's stays the same.

Maintain and build upon these relationship by staying in touch and always responding to them as to whether a particular property is or is not a good fit for you and why!

I use to stay up until 2am every single day to do BS tasks, just to keep the deals coming.

Should I stay away from from certain contractor?

I was planning on purchasing a 400k MF with cash but was planning on getting a line of credit on the piece in order to handle any "expected" surprises. 

The houses are old, and people stay a long time.

I went with REIT's cause my long term goal is passive income (big surprise) with minimal work (bigger surprise).

I am not opposed to a reduced monthly expense, however would it be wise to stay patient and keep looking around for something that cash flows.ThanksColby Todd