All of history says otherwise. 

Verifying last 2 years of rental history very important!

The loans are underwritten based on current / projected rental income for the property and the applicants credit history. 

Without experience and a history of similar properties in your own portfolio to draw upon, it's just a wild guess.  

The problem however is that first year of rental history.

Given that he's got a long history in business but is struggling to cover $30k in Op-ex and marketing spend, my guess is that this is either not very well managed or is in distress.

Borrower contact information (name, address, phone number, email) Loan details (account number, loan amount, outstanding balance, interest rate, payment history) Copies of loan documents Borrower Notice: The original lender should notify the borrower about the transfer and the information being shared with the new servicer.

In 2023 before I invested any funds, each and every time that I spoke with their representatives, I asked as my FIRST question if Norada Capital Management had ever missed any interest or principal payments, and was always told the same thing by their representatives, that Norada Capital Management had a perfect payment/reimbursement history. 

My HELOC lender does not allow electronic payments just checks, but because my contractors generally want straight cash or else electronic payment, I usually cash the checks myself and then send the payments electronically (which is not great from the perspective of my HELOC transaction history, since it looks like I was sending the money to myself only).Please help!

However, my wife and daughter are not keen on moving, so I believe my best option is to save and proceed that way.