But, if you don't have your refi buttoned up first, you will likely not be able to go back and take care of it after the HELOC.

I'm also just thinking of selling the home and starting over in SE Asia with the equity in the home (bought for $250K now appraising for $360K).We are at the point of near automation but I'm thinking labor is much cheaper in SE Asia and will be easier and less stressful than to automate in the US.

If you are getting into this business & are uncomfortable dealing with constant stress and unrest with your customer base no matter what you do this ain't for you. 

Back to the question though, just don’t be over stressed.

Now with the stress test in Canada, they make sure that you are able to still make payments should the rates go up. 

So many people stress cash flow but don’t forget the bigger picture of once you execute this deal someone else (renter) is buying you a house AND giving you $70 a month.

With all the things going on with my new job and trying to go back to school, I needed to simplify a very stressed out life.

My spouse and I currently rent a home from an acquaintance who no longer cares to deal with the stress of a place that needs work and is the byproduct of a bitter breakup.

My spouse and I currently rent a home from an acquaintance who no longer cares to deal with the stress of a place that needs constant work and is the byproduct of a breakup.

I have had to replace exactly 1 garbage disposal in a rental, generally when there is an issue I can either hit the reset button or use the tool to free the disposal (the funky allen wrench that comes with the disposal).