@Paul Bradyi think it only applies to ultra high net worth individuals - >$100M. 

I am planning on rehabbing a unit in a 3 unit building. The other 2 are done. Just to throw some numbers out there,  If it costs about 45K to rehab and rental income should be about $24000 a year. Is this a CoC metric...

Do you happen to know if the seller-financing piece of Frank-Dodd applies to originating CFDs?

I'm not sure, but I would think that could also apply for when a contract is not consistent with the law.

Basically its no different than applying for any other mortgage, the lender wants to underwrite the loan to confirm your ability to repay.

Just be ready for the challenges of managing properties remotely, which may require a property manager.Tax StrategiesSince you’re selling a primary residence, a 1031 exchange won’t apply, but you can still use the capital gains exclusion.

@Conrado Balicusto Recommend you first figure out the property Class you want to invest in, then figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing, investors should research the different property Class submarkets.

Most likely when you apply for HELOC, your lender will pay for all costs, and you will not incur any out of pocket costs.If you want to do a "Cash-Out Refinancing", I think this is when you have to really plan things.

@Elizabeth Nolan, I certainly don't know your area, but I only see two items on your list that could potentially add any real value.Patio space: this only applies if there is not already any type of outdoor living space.  

Can you do both well at the same time...NO.There are 3 reasons for partners (and these reasons apply to your power team too).