To me this feels like purchasing a car from someone, then the DMV all of a sudden says "Sorry, we were under charging the previous two owners the incorrect registration fees for the last few years, you now owe us thousands of dollars."

Also forgot to add, found out that my landlords had the incorrect insurance, only homeowners not landlord insurance. 

Most climate hyperbole is exaggerated anyway, so just make your decision based on the housing market info, not the weather.....my .02

Hey Josh, congrats-- sounds like you're making great REI decisions, thus far.Typically, with HELOCs, the interest rates are higher than what you could expect compared to a Cash-Out Refinance.

I think the question is more of a personal decision and whether or not someone has the time, energy, and resources available to setup a business, learn the inner-workings of the industry, and constantly reevaluate how you can improve.

Learn as much as you can about the pro's and con's and make a decision for your situation. 

Don't make emotional decisions.

Hi Tessa,Maltipoo dogs are cute...but that should not effect your decision...but it might.Good Luck!

I hope this helps with your decision.

I reach out to the tenant a day after I dropped it off the notice to allow them to cool off and make a decision.