I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.

Seems like there might be some overlap between the two, does anyone with experience with both think that problems would arise from that?

So far, I have two people who seem they could good tenants.

If I buy out the first lender, can I foreclose with the total amount due for both loans combined, or will it remain as two separate loans, with only one being foreclosable?

His good customer service convinced us to go with Kiavi over two other vendors offering similar rates.

The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...

With that said, I have personally seen a lot of activity in the last two weeks.

Closed mid-December and was able to get two bookings for the holidays.

north of Tampa is an interesting area (about an hour or two) and there are a lot of low end places. 

It gets complicated if you use a HELOC towards two separate projects as you would need to pro-rate the interest across the two projects.However, the answer would be yes, they would be deductible.