Mississippi is pretty small not a lot but start with DR Horton, Lennar, etc. most companies are after large growth cities though. not sure about Jackson 

Now purchasing a home with cash is always good b/c obviously cash is king but also I think the part you might've missed is that, the money your utilizing on these home's won't actually be yours, but the banks or whatever institution you used to fix the home or make its value worth more.

It's the best way for us to grow as companies by sharing what works and what doesn't. 

Specifically, I’d love to hear about best practices for managing shared spaces, screening tenants, and setting up house rules.Additionally, I plan to split the utilities among the tenants—any advice on how to handle this efficiently would be greatly appreciated!

Quote from @Mark Forest: The company I have invested with has done a great job explaining why this is happening and what they are doing about it. 

One if you do not register your company as a foreign company you usually cannot file an answer in court if you are sued. 

I also have talked with this company but I feel they are not telling me the whole story, makes me leery of this business.

So all in all, the investment seems solid to me, and this is not my first rodeo, as they say.As for the risks associated with the SBLOC, I minimize those by only utilizing a portion of the LOC so that even if the market drops another, lets say 30%, the risk of margin call is slim.

It's not an insurance company/carrier. 

I asked a lender company through BiggerPockets to call me.