If you are already experiencing slim profits with a fix and flip loan, it will not be any better on a HELOC.

The good news for you as an investor will be likely you get a better and more experienced agent. 

Learn from the exercise and do better on the next.Good luck! 

2-If we need to issue 1099's, we can use my wife's SSN, but would it be better for privacy if we use EIN?

That affects your credit for instance.A better way to look at it is voluntarily making the mortgage payment for someone.

Maybe they've been burned by landlords in the past and are being very careful.You can legally reject them based on personality, facial tattoos, body odor, or other factors, but you better make sure you can prove that it wasn't based on any protected class like race, religion, familial status, etc.

Specifically, I’d like to understand:How to evaluate motel operations and what metrics are most critical.Best practices for managing or outsourcing day-to-day operations.Thanks in advance for your insights—I’m looking forward to learning from the amazing investors here and gaining a better understanding of this space!

@Bruce Woodruff were gonna get a slew of people saying it will be fine, people will rebuild and all will be better than ever.

Do you provide move in and move out reports How many pictures do you take of the property prior to tenant moves in and after the tenant moves outDo you get weekly reports when the property is vacant what prospective tenants are saying about your homeDo you provide monthly newsletters to your tenantsDo you hold investor education classes to help me become a better investorDo you have single point portfolio based management services?

I can't think of a better syndicator to invest with, frankly.