John, I am managing 3 properties and spend on the following:Hospitable PriceLabsIntellihost (for click rates and pricing optimization)CanvaOpenAIHoufy for direct websites

At this moment, I'm specifically interested in how to own a small rental property with zero or little funds and start building passive income.Thank youLing

Rates are higher right now but the old adage is "Marry the property but date the rate".

Did the underwriter not verify that you had the funds to close before allowing you to close the loan? 

This is why you must evaluate properties not strictly off intrinsic #s like people did in low rate era.

Paid in "cash" using funds from a HELOC obtained on a previously rehabbed property.How did you add value to the deal?

I got a letter jacking up my rate considerably and it went on to state that I would not be renewed for 2025.

As it is now, the cap rate and cash on cash return is not great once I calculate it out.

Financially it's almost always better to leverage but less so in higher interest rate environments when there are good investment alternatives, and not everything in life is or should be done for purely financial reasons. 

I want to ensure my taxes are solid, since I would like to be able to qualify for a traditional mortgage next year rather than continuing to work with hard money lenders due to the rather high interest rates I deal with(I still make it work, but of course more profit to be made with a conventional mortgage).Thank you!