Quote from @Paige Corsello: Hi Bobby, the majority of my business is in Pittsburgh, PA and Florida Paige I can go 80% cash out in PA In FL I can go 75% cash out and 80% rate and term

On my other credit lines I have with them that are tied to my land flipping business ( I fund land and home flippers in 7 states) I pay one fee up front and the line is good for 3 years. 

They should be proactively communicating with you as to why they can't find a tenant and discussing options with you.PM's do get busy, so before firing them, try to have an open conversation to find out why it took so long and what can be done to rent faster in the future.

For instance, if you're in some of the well known markets that multi-family does very well in ( Boston, Columbus, Etc. ) , multifamily could be a great starting point for your investment business. 

Otherwise, you can only write off its business portion.

If you ever go down let me know and I can have our plantation foreman walk you thru the business end.  

Get familiar with the laws in the state you will conduct business in.

What does one do with the profits from the real estate business every year to defer the taxes for ever?

additional challenges are the inventory shortage and good contractors being extremely busy. 

The market is booming in both the business and real estate sectors.