not to mention also they become zombie notes collateral will deteriorate pretty quickly if they are not winterized and secured ( which takes time and money)

If you want another layer of protection get an umbrella policy.You don't want to trigger the due on sale clause for a likely low interest mortgage.Also if you aren't operating your LLC 100% you likely only have a false sense of security. 

Hi All,I recently secured my second rental property using a HELOC and now I'm thinking about my next purchase.

I personally collect a security deposit and get the damage protection waiver for added protection.

Extensions may be granted for valid reasons, like needing more time to secure financing or complete due diligence.

The court would typically write down the secured note amount to no higher than the appraised value, with the balance of the amount owed being placed in the unsecured creditor status.  

You know your goal isn't to leave the 9-to-5, you have a great job with good scale and security.

I can see the income and expenses for each property via my statements rather than multiple income and expenses under one account and trying to match which property they correspond to.

The letter confirms the amount of security deposit and the "paid through" date for rents.

More secure and stable than an STR (also less competition) but you aren't in the red like you'd be with an LTR.