These will be LTRs and I will most definitely be playing the long game with these.In addition, as rates go down in the future (hopefully) I plan to refinance as most of us do.

Sometimes people get paid and if they can pay their rent immediately they will but if they can't they may be tempted to spend it elsewhere. 

I'm unsure if you would be able to combine both loans given that the HELOC is tied to a different property than the one you got traditional financing on.A work around is if you are able to purchase the new property with the HELOC at a significant enough discount, bring the property value up via renovations or additions, then refinance the property, pulling out enough money to repay the HELOC. 

I spend most of my 20s living on both sides of the river in Saint Louis.

Quote from @Chris Seveney: Quote from @Devin James: In 2021, we saw buyers upgrading to larger homes, taking advantage of 3% interest rates to afford an extra 300+ square feet.Today, smaller homes are selling much faster as higher rates make additional square footage less affordable.While rates are historically average, I don’t see them dropping significantly.

I'm not opposed to spending the money and have a demo scheduled with them this week, but was curious if anybody else has other data providers that they like better for more niche areas of distress such as bankruptcy, probate, divorce, code violations etc. that I can stack with my current data.I have submitted right-to-know requests with the local counties but only certain information is available and can be cumbersome.

Second, I'd connect with some local hosts in your area also in addition to Airdna.

You can spend as little as $100 to form an LLC, or you could use an attorney and spend $1,000 or more.

These are professionals with additional training and a stricter code of ethics.

Additionally, the presence of POHs vs TOHs introduces further operational complexities and elevates overall costs due to increased maintenance and management responsibilities.However, without detailed information regarding the specific septic system configuration (gravity, pressure distribution, mound, cluster, etc.) as well as the system's age, historical performance, and required maintenance frequency, it is challenging to derive a precise expense ratio.