It will hurt if I lose it but I won’t be homeless or be in a bind.

When I knew him, he was homeless and suffering from mental issues, emotional issues, and was suicidal.

You might not also be able to start taking depreciating the 3rd unit until the unit was ready and available for rent(which appears to be in December in this case).2) I think you are confusing the terminology of a not-for-profit.A not-for-profit's business goals are to provide a benefit some underlying benefit to society(cure a disease, feed the homeless) with no interest in being paid a profit.

I'm fortunate enough to live in a paid for personal residence( appx 200k), my wife and I are fairly risk averse and love the idea of never being homeless or facing foreclosure.Could we, take a HELOC for enough to buy, rehab and holding costs for a rental property ( appx 150k).

He said Pioneer Park has been taken over by the homeless, there was an actual old couch sitting in the park.

One resident recently moved in her sister, who was homeless in another state, yet her credit and criminal check were clean so I accepted her. 

Close to 4th Street, Santa Clara is still full of homeless, crimes. 

Rents are not cheap ($3300- $3600 for a 2 bedroom) and lots of employment, but as you know also lots of homeless, and it has historically been a strange area.

Why you don't give money to homeless on street if you trying to spend this much?

This is someone who just retired from the VA this year, is a disabled Navy vet herself, and spent the last 35 years of her life working hard to get homeless veterans off the streets.