Filter out units like yours.

It doesn't look like you mentioned how much equity you will have tied up in either of these properties after you refinance, but assuming you will have a decent amount of equity tied up, I would sell the property in the 'not so great' area.

I am considering buying land and learning ground up construction, so just wondering how much progress you have made (if you decided to subdivide and also if you did a tear down and rebuild or just renovate) 

And again you need decent credit to get this as well and renew annually.3.

PM me if you have more questions and I wish you well in your real estate adventures!

The arena was constructed pretty much all above ground due to flooding and ground water issues.

It wouldnt tie you to your home - you can sell the home at any time and the heloc lien will be paid off out of the sale proceeds at closing, just like with any other mortgage. 

For perspective, with a dozen rental doors, we save approximately 9% of our monthly rental income.This approach has worked well for us—it easily covers smaller repairs and maintenance issues, while allowing the reserve fund to steadily grow over time to handle larger capital expenses when they come up.If the building you’re looking at is sitting on the market while others are moving quickly, there's a good chance it's overpriced.

Nice numbers as well. 

Yes definitely - I feel like people are only excited to share successes but its definitely really helpful to learn from peoples failures / challenges as well.