Potential new payment on additional Versa for myself would be $175 for 3 years (total guess)Is it beneficial to try and trade this thing in on another 2015 Nissan and end up with owing $6000 or so and have a much smaller, shorter payment?

I'm interested in picking up some additional properties. 

@Percy N. my immediate thought as well...My banker (not my credit union - I have both, and there are good and bad for this) and I have discussed the HELOC and it's 5.5% with no additional cost/fees, etc...

Even if it's nominal, or even if you get no additional rent, working on the place while occupied is cheaper than having it sit vacant while you do that work.

They actually declined me at first, but I received a call the next day saying that they could do it.

Received a quote for about $500 per 3 months, liability coverage up to $100k.Is this reasonable?

I am looking for an agent in brevard county Florida (Mims) or an investor possibly to assist me with a propertyBackground is I own a tax lien that I can foreclose on and I have recently received several yellow letters from individuals wanting to buy it, so I was looking for an agent to see if the property I have had any value if I were to foreclose on it.Thanks

In addition don't forget that the rental income also includes a principle reduction amount that adds to your net worth each month.  

If that number factors in maintenance, vacancy, capex reserves in addition to both principal/interest payments and the taxes and insurance I would definitely do the deal. $2580 of annual returns on a $0 investment is a hell of a return. 

I'll be buying another distressed small multifamily property within 2 months, repair it over the winter and have it leased this coming spring/summer.I went to the University of Minnesota and received a degree in Construction Management knowing that I wanted to get into real estate investing.