(Ideally I'd like to hold the homes a long as possible)Would love some feedback from the BP community

Also beware, suncoast will hold you for 2 years while they suck the life out of you.

We are in Los Angeles, and although we do not own anything in SD, we hold a loan on a portfolio of SFR's there that is not performing at the moment.

However, if you start holding properties in an LLC, you don’t want to flip properties in the same LLC.

Just hear a podcast dated 02/14/2019 were Juan Pablo said he did a multi family 100% Finance and seller holding a note. pod cast titled "stop wasting time with residential mortgages!

The down fall is a Heloc can "Never" be used as an asset or for PITI reserves required when buying a new Primary or investment property.A heloc can also cause major issues with credit and one slight hiccup or missed payment the bank or lender who is holding the Heloc can close or reduce your line of credit.

Account for all costs, including closing fees, holding costs, and repairs.

I've been buying SFH's out of state all cash as long term hold rentals.  

I usually hold 15% total for these.

This let's you hold all adults accountable in case of lease defaults.