Navigating these delays and organizational instability proved to be immensely challenging.In my own investigation, I discovered that Farraway SG emerged as the new entity managing the loans, with its LLC tracing back to Tel Aviv.

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.

Self-Employment Opportunities: Would it make sense to start a side business related to my rental properties (such as property management) to access more deductions?

I stared using this site PropJump.com to find services providers for my 3 properties I own and manage. 

I was one of the few lucky ones with Safeguard as I was able to take over the management of the loan and modify it and then got a payoff.

Using 50% rule (expenses excluding P&i is 50% of rent) here are the numbers;1800 (rent) - $900 (expenses) - 1468 (heloc) = negative $568/monthAt your rent point with that size unit, your expenses will ve less than depicted by the 50% rule, so let’s use a likely more accurate 40%1800 - 720 (expenses) - 1468 = negative $388/monthNow let’s imagine you self manage and you time is not worth anything (I strongly recommend believing your time is worth less or worth less than a quality PM would charge) with 8% further reduction so expenses are down to 32%1800 - 576 (expenses) - 1468 = negative $244/month. 

You can explore bedroom rental also as opposed to the entire unit with 1 party but that is more complicated for management.

I have a few rentals with section 8, and they are professionally managed.

-Interest-only payments, which help manage cash flow during the renovation.