You may be better off with a higher rate and the flexibility to access the equity in that property to grow your business or even bail you out of a jam.

That’s not a business model—it’s just chaos.If we want to be taken seriously in this industry, we have to respect the process.

They pay you rent, and they operate a parking business.

If you do the math the pyramid business model is mathematically flawed.

I am looking to buy my first investment property and have seen strong fundamentals in Indianapolis (job growth, population and median wage).As an out of state investor, I am looking to connect with investors/agents in the area to build further knowledge on specifics with the markets and hopefully bring business to in the future!

Doing the same here @Duane Williams and to add on to @David Ojo's post (he nailed it), having multiple lending solutions is key.Different hard money lenders, private investors, HELOC and I too am working on establishing a business LOC.  

TurboTax has rental property features, and the IRS has a great guide on rental income, deductions, and recordkeeping - IRS Rental Property Tax Guide.https://www.irs.gov/businesses/small-businesses-self-employed/tips-on-rental-real-estate-income-deductions-and-recordkeeping2.

I just thought he was busy and didn't have the details, so he hadn't responded.

Now, there is no longer a need to seek free advice from busy tax professionals.

My biggest piece of advice is to run it like a business especially with the tenant next door.