It is a simple, scalable, and very powerful method in learning the ins-and-outs of building a team, finding and buying a property, property management, adding value to the property, etc, without having to assume a lot of risk of losing money.

Depending on how much rent you are missing out on it might make sense to pay $100-150/mnth for landscaping, power wash, touch up paint until you get the tenants you need and then cut him off.

Do you have adequate earning power and/or reserves to ensure that HELOC gets paid back, should this deal not go exactly according to plan?

I don’t know what happened most recently whether the cable was lowered at the power pole or the garage was built underneath it.

@Junior Soares yes I’m debating liquidating some to have the purchasing power Incase of a recession however I also don’t want to make my plans dependent upon a recession either.

Does this mean that as people learn and gain experience that they should not seek to improve themselves by updating their metrics with more useful and powerful calculations?

I have stopped by several times since to check the meter outside and the water is running constantly on full power and the meter read is climbing. 

So several years ago I found and joined Bigger Pockets (BP) as a free membership and with that one move I have learned about several areas of the Real Estate investors market place Rehabbing, Flipping, Wholeselling, Property Analysis, Deal Analysis, Exit strategies, Packaging a deal, Approaching Investors,  and building a power team.

Further, it's spending power is eroded by inflation.

@Mark Shelstad oh you're right i wasn't thinking about that. 2 of the rooms had new wiring as it was a 2nd living room with no power we converted to a bedroom and office.