Are they doing everything they can to expose properties to the widest possible market?

If you're using it as a downpayment on a long term rental, you're exposing yourself to long term interest rate risk as HELOC's fluctuate.

“Knob and tube wiring, older wiring, and exposed splices throughout attic.

But, by doing so they expose themselves to additional legal risk from their partner.

@Stanley DeanMy first thought is why use a hloc and expose yourself to a variable rate?

In chatting and building the relationship (I’ve been helping repair some things around the duplex), he’s the one that has been discussing moving on with the property and the thought of owner financing, he mentioned the tax benefits of it all.Now he could just be testing the waters to see how much I know and what I would be willing to expose, but he’s definitely keen to the idea of it all...I guess overall I’m eager because I know the power of this property, and the willingness of information he’s been sharing with me.

Are they doing everything they can to expose properties to the widest possible market?

Not an excuse to expose myself unnecessarily.

This might “expose their potential violation of their lease with the landlord, if they forbid extended stays by overnight guests who are not listed on the lease.The most common scenario highlighting this pitfall happens when a family member or friend allows another family member or friend to move in with him or her, sometimes accepting rent or help with paying utility bills, sometimes not, and the family member or friend who has moved in either stops contributing financially or refuses to move out in the time period agreed upon.

In my state of MA, wrongly withholding any of the tenant's deposit can expose you to treble damages, so landlords either don't bother with the deposit or they err on the side of caution.