Pay off the Mortgage and pay off the Heloc with the Rent ($1000) - Expenses ($245), which with simple interest payments comes out to 4 yrs 6 months to have the house free and clear, plus you pay a micro fraction in interest over the less than 5 years.Then part 2 of his strat for advanced investing he called it, he said the typical lifespan of a rental is 7yrs between light rehabs, since you payed it off before the 7yr mark and it appreciated about 10% conservatively, you sell it, and do a 1031 exchange and roll the 100-120k profit into a house that the 60% down payment is within that last rentals sell profit or buy multiples and run the Heloc strat again. 

Thanks in advance for any feedback.

Wheaton, IL 60187Thanks in advance for your input!

Thank you for your advice in advanced.

Thank you in advance. 

Thanks in advance BP!!

Thanks for any feedback in advance.

Thanks in advance!

Thank you in advance for your feedback.

Thanks in advance for taking the time to read this and help!