This tax is meant to protect tax-paying businesses from unfair competition from tax-exempt entities.The use of debt-financing creates exposure to taxation known as UDFI on the percentage of the income the IRA receives from the non-IRA (borrowed) capital.

@Joe Splitrock  Yes That's what I meant when I said I could possibly safe 30k. 

Oh haha, no I meant the interest rate payments not the specific interest rates.

I meant 10$ a sq ft for low end rehab versus 45$ rehab costs for high end cabinets, fixtures, apllliances, landscaping etc.

We eventually found one she loved and it's a HUD which meant I got to do a lot of learning while earning my first commission check.

Didn’t meant to sound like a downer.

I would do this if it meant saving enough on purchase price to justify the seasoning period, the interest rate risk, and I still had adequate reserves to cover costs and expenses.However if you aren't able to see real savings on our has price then you should finance it and use Heloc for down payment only.

They're so busy they don't have time for BP or networking groups, but some have been around for decades.If you meant geographically, I'm sure there are investors in all 39 cities and towns of RI, though the ones on Block Island may be a little reclusive ;)

This isn't meant to be harsh towards you, but you're going to have nothing but trouble and not make any money if these are the kinds of tenants you approve.You also do not move a tenant into another unit before updating and signing the lease.

@Eric Adobo totally meant to mention that, 30k a year. 50-60 in a couple years when I graduate school