If not, a LOC will allow you access to the money when you need it, albeit at a higher rate compared to the current 30 year fixed rates.LOCs have their downsides too of course: An adjustable rate and your lender can close them or otherwise reduce your line at any time.Just posting this so you hopefully fully know and understand your options for accessing the equity.

Caveat is that numbers would have to be adjusted to local pricing. https://store.biggerpockets.co...

For my 2019 taxes for the first time ever I actually got a full refund in CA of all taxes I had paid in CA, I was taxed ZERO in CA even though it’s my primary residence and my adjusted gross income was $300k.

I can also send you a contact for the technical director of Board if appeals and adjustments at city of Denver.

Have the honest conversation with the owners that you will need to temporarily adjust pricing downward, but in the long term you should be able to drive rents up as things normalize.

Cash flow is calculated by making certain adjustments to net income by adding or subtracting differences in revenue, expenses, and credit transactions (appearing on the balance sheet and income statement) resulting from transactions that occur from one period to the next.

I was able to divide the property to create two separate units with the intent to divide the listings as well as offer the whole house to larger groups.The larger of the two units was initially going to rent for between $290-$425 seasonally adjusted and the smaller one for $125-$250 ish.

@Eric Martinez start with your expectations and goals then adjust either your goals or your investing location until you find a place that works for you. 

@Donald J Ireson I have a sheet that I fill out to see how I'll do on cash and adjust what my different expenses will be for the property.

It'll be a bumpy first few years and your adjust but it's totally worth it in the end