The homeowner collects a NET/NET 5% yield with 1% increases each year in long-term lease by a BBB+ credit rated tenant (similar to Morgan Stanley credit).

And, I think most women would choose a midwife that has gone through pregnancy.Like the OBGYN situation, there is a lot a CPA may not know about the rental business from debiting and crediting some journals and filling out line 242 on some Turbo Tax input form.And, understanding the operating details of the rental business are just as different from preparing a tax return as being pregnant is from delivering a baby. 

Some parcels are actually worth as much or more after the credits are clipped as before. 

I put a new build under contract early this month, and are now working on the loan with a credit union.

New construction, fully decked out on the design and amenities. purchase price 785K, 40K in seller credits, 120-140k gross rental projections What made you interested in investing in this type of deal?

I have also been doing quite a bit of research on Loan's, tax consequences etc., and am working towards being a expert in this niche.  

That's 50k a year gone and you are losing tax write-offs and equity potential.

On top of that there was an $8,000 tax credit, as an incentive since people weren’t buying.  

A line of credit won’t commit you to a monthly payment unless you use the money, so you can avoid paying interest when it’s not in use.

Someone can be a brilliant tax person but horrible to work with, and also vice versa.