You could also get a home warranty for the first two years for a couple hundred bucks.

In Washington state right off the I 5 corridor .. my land partner got into contract for 65k ( infill lot that could handle a duplex or two units) put it on the MLS ( which is how you get top dollar) sold in 3 days multiple offers for 110k netted us 100k so 35k net profit .. which I have a formula to split with the acquisition partner. ( PS its always more to them than me) but bottom line if you can fill your pipeline its easily a low 6 figure to mid to high 6 figure when you have a capital partner like myself.. or someone else.. does take a fair amount of capital though usually 500k to 1 mil in cash to make that kind of money so thats where we come in.

A careful present value of the two strategies would need to be made based upon a specific investor's circumstances, goals and objectives to determine which would be best for them.  

yes, this product is good if there're two aspect on top of it :1. asset is appreciating faster than mortgage rate , and second2. you plan to sell the asset quickly , like in year 2 or 3.

I believe I have two options.Property Info:Purchase Price: $365,000Current Loan: $329,000Interest Rate: 5.7%Mortgage:$1900PMI:$130Insurance:$157Taxes: $320Current Rent Left: $1200 (Market $1400)Current Rent Right: Owner Occupy (Market$1800)1.

We get lots of leads and have two homes available to walk through and tour, and they can buy those or customize and order different floor plans.

A year or two?

You should be able to get $800/room in most areas of Colorado Springs, plus or minus a hundred or two depending on exact location.The $300k might make a legit SFH tough, unless you're open to taking on a big project.

Some banks will go up to 100% LTV so you could stack a 1st position HELOC w great rate up to ~80% LTV and a 2nd position HELOC w higher rate to get access to the other ~20% if needed.A couple years ago Wells Fargo was offering a HELOC product on a rental property that was somewhat of a hybrid between the two. 

Yesterday, I posted my standard notice on the front door advising the occupants that the place has been sold, to call me, and that if I don't hear back, I may initiate an unlawful detainer or if the place is vacant that I may change the locks, along with a copy of the deed.The property looks barely habitable (hot water heater is on the back porch (which looks like it's about to fall off its rotted post foundation), sheets of drywall and plywood out front, tons of beer cans and collection notices on the front door, and rotted siding/wood on one side of the house.