Borrowing Against Equity: Costs and ExpensesCost of Cash-Out Refinance or Home Equity Loan:Interest Rate: Assume a 4% interest rate over 30 years.Monthly Payment: Approximately $716 per month.Total Interest Paid Over 30 Years: Approximately $108,000.Closing Costs:Typically 2% to 5% of the loan amount.

I am closing on my third single family home rental. 

This also applies to land sellers that have buyers who plan on building or placing a home on the property.

@Tip Mallick Great first question.

These indicate that the owner doesn't have the money to fix these problems, and that might mean they are in a situation where selling their home might solve a lot of money problems for them.

Anyone have helpful tips on California tenant laws and self managing?

Although we have seen significant changes in pricing over the recent years, one thing that hasn't changed is that we still aren't seeing positive cash flow out of single family homes with any kind of financing in place, specifically with long term renters in place.

Purchase price: $640,000 Cash invested: $1,200,000 Turned a shuttered and rundown 13-unit waterfront motel into a brand new vacation destination with added lakefront "tiny homes".

It's in a part of town that is being revamped from former industrial to nice stores, shops, restaurants, and businesses and I believe there is even some money offered to help revamp that part of town if you purchase something and help improve the area.  

Thanks"Reaching out from Sinistar, we’re a home-sharing platform dedicated to connecting property owners like you with displaced policyholders in need of mid to long term temporary housing.