There is not much I can do to prevent the stock market from dropping 20 percent.You are right that there are ways to improve cashflow but with much more extra work.

It’s not rotted out floors, basement water issues, leaking roofs and the such. 90% of the time the technician knows the problem and the solution before he leaves his truck. 

@Andre Brock I realized after years of working that I was never going to be able to retire without some big financial improvement.

If you want to maximize revenue with the co-living strategy, maybe see if there's anything you can improve on your operation to minimize your issues down the road. 

There's no real improvement I can make. 

Clearly the tenants aren't great, and improving the quality of your renters is part of the process of improving your investment.

One important thing to note if you convert a primary residence to a rental property is properly accounting for the cost basis of the property.The cost basis for the property will be the purchase price plus any improvements you made to the home prior to moving out plus any improvements you make to the property as you convert the property to a rental.

You'll mess up and make mistakes but every rehab we've done, we've improved and perfected processes that we're applying to future jobs.

Improved cashflow.

Hey BP community,I’m exploring a creative financing strategy and was wondering if anyone here has firsthand experience with this approach — or any insights on potential pitfalls or advantages.Here’s the general idea:Use a securities-backed line of credit (SBLOC) against my investment portfolio to purchase a rental property.Once the property is stabilized (rented and possibly improved), do a cash-out refinance to pay back the SBLOC and effectively recoup my initial investment.In theory, this seems like a way to:Move quickly on deals (cash offers are attractive)Avoid triggering a taxable event by selling securitiesRetain the upside of the invested portfolio while acquiring real estateBut I’m curious:Has anyone on here actually used a securities-backed line of credit (SBLOC or similar) to purchase a rental property?