The wear layer is 6mil, not 12mil or 20mil as the higher quality ones are.

I'm thinking of leveraging Airbnb to make extra income off the property to pay the mortgage by renting rooms.Any suggestion when it comes to Airbnb?

Does it make sense to get a HELOC first (100K max, 5 years at 5%), use that 100K (or less) as a down payment for a multi-family...Then do a COR on the duplex to pay off the HELOC + have some extra cash leftover to buy another property or pay down debt?

If you have some extra time and want to learn more about RE, getting that isn't a bad idea.

I always like to ask for a separate letter for my personal records addressing the 'as is' cash value of the property as well for a few extra dollars. 

Interested in this because of greater margins and easier to rent basements or extra rooms in my personal home.

Is the extra effort worth it if I am only gonna do it part time, or should I just hold off until I can buy my first rental property?

I have a rental property so extra documents included things like leases, proof of no HOA on the rental property, etc.

Do I stay at 400k. assuming it still cashflows (cashflows based upon when I move out) albeit less than a 500k prop, dont pay the extra in taxes, keep more money on hand because Im not paying additional taxes but also DP reserves etc will be lower or is it worth it to make the stretch to 500k leaving me with less cushion for any mistakes I make?

We aggressively attacked the monthly payments with extra principle and paid off the 86k loan in 3.5 years.