You will need their bank account information to setup an auto-withdrawal.Do not ever give your bank account information to the tenant, however.Make sure you have this in writing, and that they consent to it.I see you're in California.

You can do a search for your local area to find photo prints of local landmarks and also by color, style, medium etc.

@John MasonNot a fan of velocity banking as proper will charge $ o make it but typically it’s better to invest this money- here is what makes me laugh in this articleIf you do velocity banking you pay it off in 76 months - if not you pay it off in 77 monthsIs all that work of trying to write checks from a HELOC vs auto debit your bills worth one month of mortgage payment over 6 years?

Perhaps thinking of a  modular style home to get it up and running quickly.

You can still find some great cottage style homes or even 2-4 units close to the beach that have great STR returns.One good thing about being out of state in IL is you can find a good Single family home, Condo, or Townhome and call it a Vacation home and only need 10% down. 

Hello BP community:I am under contract on some land that I am considering building multifamily on.It appears I can build approximately 80 units on the land (based on permitted density), which could be more or less units depending on the exact style of units we would construct (one or two story, etc).

I'd recommend starting by understanding their investment style, goals, and values to see if they align with yours.

I was fitting this into an awkward schedule.The Facebook group was welcoming and fun to lurk and read posts, getting a feel for the community.Contracts in the document library were great – but overwhelming (you’ll see this phrase a lot)This was a main value for me – hiring lawyers to write contracts without knowing potential pitfalls or where I could/could not protect myself was a major concern.These contracts are worth the price of admission and only available w/in community.These contracts cover Joint Ventures (JVs) between parties, Creative Deals and non-creative deals, WRAPs, RVs, Automobiles, Leas Options, Wholesale Assignments, Hybrid docs and more.I haven’t actually gone through all of them yet.Tens of Thousands of dollars have been spent refining these contracts and just having access to this library was worth the price.

What would we be able to write off?

Not only is your debt cheap, but you get to write off all that interest on your loan which is a lot in the earlier years of your loan.