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.

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

I do appreciate generating attention to the post for guys that might have some advice that isn't the obvious.

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

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...

Mel, I appreciate your post and acting smart into something you are not invested into.

Drop a post on this thread if you're interested in a quick call to share learnings.

You will be able to learn a lot from the forums and past posts.

Such a nice post to read after some of the others today, Lol.  

With Google, Yelp, Facebook reviews as well as what is on their site and what type of content they are posting on their social media pages....