After I helped clear out the drug using /dealing non-rent paying people that were taking advantage of this guy, he tries to back out!

Since we live in Texas and due to the moratorium in place and no evictions I was limited about options and I sense he took advantage of that .

The rules are there as a backstop to ensure we're not taken advantage of.

@Brian PownallExcellent data, clearly shows cap rate decline and cap rate compression.This cap rate compression does not impact my investing strategy.My strategy is based more on investing where I have a competitive advantage than relative cap rates.

Our home value has gone up nearly $50k, and I'm curious if it makes sense to sell and use the profit for future investments, or to take advantage of what we've already paid down and the lower interest rate we received for living in the property?

Each setup has its own advantages and drawbacks, and all should be considered for your specific goals and your operation.

If so, this is kind of the secret sauce that people don't usually share with others since the better your model, the better competitive advantage you have.In addition to the numbers, there is definitely an "art" component to note evaluation, which comes from experience and one's take on the current market.As far the raw data, you should be able to get that easily from tapes of notes for sale.

The only 'advantage' to FHA is a lower down payment, but you are more likely to scare sellers and will have lifetime PMI. 

We are getting quotes for HELOC and Cash out Refinance with the hopes of holding the property and take advantage of the appreciation we are seeing in the Twin Cities Metro.

:Hi Isaac....great question.....I think there can be advantages to both.