I have a few people interested in investing with me strictly as cash partners.  

For investments, you'll likely want a conventional loan for commercial properties.

I would go against investing in them.

More ways for Real Estate Agents to benefit from AB 1033// New Listing Opportunities:More properties to list and sell as ADUs gain condo status Ability to represent both the primary home and ADU as separate sales Potential to attract buyers looking for affordable entry-level ownership // Investment Consultant Services:Helping clients understand how to legally separate and sell ADUs Advising property owners on maximizing value through ADU sales Connecting clients with lenders and legal experts for ADU transactions // Business Development:Becoming a preferred resource for ADU-to-condo conversions Leveraging AB 1033 knowledge to attract new clients and listings

Hi Zoe, welcome good for you to start early, time is the most important ingredient with investing.

On the repairs - I re-read your original post, and you did seem to mention that you have a property manager - is that accurate? 

@Ram RangaRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

In this case, the seller is still responsible for his original loan, and then Ashish's answer is correct: interest deduction belongs to the seller.Once I re-read the original post by Anirudh, I realized that he left both interpretations possible.

My father took out a $320K home equity line of credit (HELOC) to invest with my brother and I.

We are a military family currently stationed in Boston where we currently invest.