It is not uncommon - main reason we see right now is over inflated original ARVs and now borrowers cannot sell and pay off the lender. 

Knows real estate tax write-offs and how I can best apply them!

. --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?

Most Heloc rates right now are around 7.75% to 10% so if you look at your blended rate between your fist and Heloc you would be better off doing a cash out refinance.A lot of people forget or simply do not know that if you do a cash out refinance the rate does go up but in 12 to 24 months if you do a "rate and term" refinance you can get it back down fairly close to where it was at prior.

It can be a lot to absorb during your first month, but I think you are off to a great start! 

Hey All, I’ve found an off market duplex in need of some repair (estimate unknown as I haven’t been inside yet).

The remaining would be paid to them as we sell off the homes built.

There's tons of options and even free options for landlords. 95+% of ours pay online and we have 3 tenants that drop payments off at our office.

Learn to control your spending and pay off debt.

Off course the rates were hiked 2 times since the post.