Ultimately, Helocs are meant to provide short-term liquidity.

However, many of the issues that the City believes are a problem are created by the tenants, and the landlords do not have the authority to fix them.Here is some sample language related to tenants in the proposed ordinance:Tenant Behavior Ultimately, it is the landlord’s responsibility to police their tenants, whether through stipulations in the lease or other means.

Ultimately it's the seller's responsibility.And I wouldn't be surprised if the issue of the valid tax certificate comes up again.

I regret posting this original post. ultimately, for an update, we invested wisely (I believe).

Your competence will ultimately drive your reputation.  

I think this is the only ultimate way to get clear on a case.AF

I think it ultimately depends on your goals as others have mentioned.

@Randy Duncan there is something to keep in mind when you are a landlord: no matter what a lease says, a section 8 contract, a blood oath or whatever, the landlord ALWAYS has ultimate responsibility.You can refer back to your lease and contract all you would like but if something breaks and a tenant doesn’t pay for it you will be stuck with the bill.

This is to prevent someone from piercing the veil to ultimately bypass the LLC and sue you personally.

But, just be sure to keep your personal investment goals in mind...because ultimately a lender does not get paid unless they, essentially, help you acquire a loan.Honestly...personally, depending on exactly where my investors are in their investment journeys...I typically recommend exploring the financing route.