If you have to provide negativity with your comment, then please refrain from commentingWith 21 posts, you don’t get to tell people what they can and can not post.  

Originally posted by @Jennifer McCurrach:One PM takes 8%, one 6%.

So I saved you 5k and read my post above on why short-term rentals are a far better investment without the headaches of going to court to recoup damages or fight claims of being a slumlord (which by all accounts he is) 

I use dealmachine for cold calling and for sending post cards and that has worked pretty well.Good luck!

its been a few days and this post has gotten a lot of feedback.

If the HELOC is from an existing rental property (A) but funds are used for rentals (B and C), the interest must be allocated to B and C, not A.This post does not create a CPA-Client relationship.

Hi Ursula,Even though this post is a few months old, I thought I’d chime in just in case you’re still working through this or for future projects.

Originally posted by @Anton Ivanov:@Brandon SturgillSure, I'll send you a pm.

You should connect with @Fed Finjap; I just saw on another post that he is also buying in the Chicago neighborhood ofLakeview and he recently went through some lessons learned on a 3 flat in Chicago.Check out his post:  https://www.biggerpockets.com/forums/922/topics/1223655-refl...

Getting right to the purpose of my post, with all the relevant context: I’m 52 and living near Seattle.