@Ruchit Patel, if they are dead set on remaining in their current home then a reverse mortgage could be the answer because it allows them to get income from the equity in the home.

I think the strategy here is to actively pursue off market deals -- before I got my current deal, I was starting the grind of driving around, picking houses that looked like they may need help, pulling ownership records, and would have been mailing and/or calling to see if someone would sell.

Like I am debating to refinance this one property currently to have 20k in reserves but then debating if I should buy something turnkey to cash flow $500, though that refinance payment would go up.Just trying to see if should grind it out currently or refinance this one property that could get me another rental or try to use that on BRRR property. 

It gives me the feeling that the current renters might not meet the qualifications I generally have for my properties. 

Hello BP, I currently reside in Valencia, CA, I own my Primary residence (townhouse) and a 4-plex here in Valencia.

Where do you live currently? 

I currently have two investment properties in the Oregon Coast and Central Oregon regions, and I'd be happy to chat and answer all your questions if you're interested.

I currently have about $180K of equity in the home, but would only look to set up a line of credit of ~$30-$50K.

I co-own a STR PM Co with around 90 doors currently and am also a broker who specializes in STR Investor acquisitions. 

In the beginning, we also handled this manually, but currently, I have settled on using PriceLabs and doing a lot of manual input and monitoring on a daily basis.With that being said, I have discovered that to be successful and get the absolute best revenue from each home, you need to adopt different strategies for different seasons.