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Not really common, the house is in an area we can't borrow more than 60% against it and my income is just too low, I don't think many investors would touch a property in a town with < 200 people and > 30% unemployment, wary or unwary. I didn't buy the house as an investment. It has saved me tens...

If you have equity and can't service a LOC its useless. I'm in the situation of having a house I could rent out for about 30% yield on what I paid for it, but the place has quadrupled in value since then. But because I can't borrow any more, and because renting it out really doesn't help (that...