The "cost" of my $1K in HELOC interest is obviously covered by my savings, so net net I come out way ahead.

I went ahead and used KGKB to create a cost segragtion report for my property and I have provided some context on the steps that I took before landing on this decision.

In the long run, you'll be further ahead, but in the short term you will be putting in a lot of money and not getting anything back.Giving them 1 year's notice that rents will increase and letting them know they can move out at anytime with 30 day's notice will give them time to find a new place.I'm also assuming you aren't in an area where there are caps on rent increases.

She asks nervously, "what do you think you could do for this I'll only know 10 days ahead of when I need to move?"

For monthly rent payment, do you usually have it due by the first day of each month or pay in advance like one week ahead of time?

Go ahead and blow some money and your credit buying a property you've never seen in a market you know nothing about.

If you 100% know that you'll be in SC within the next year, go ahead and file now.

This is why most double closings are performed illegally, not because the double close portion is illegal, but wholesalers tend to circumvent licensing requirements to make a buck.Just as there are legal ways to drive and operate a vehicle, there are illegal ways to do the same. 

Answer is you do all your homework ahead of time.Can't believe how many new investors buy a rental and then post here asking how do they market it, where do they get a rental application from, do background checks and they also need a lease.That lack of thinking things through will eventually lead to their failure.

I'm genuinely exhilarated by the challenges that lie ahead and view them as opportunities for growth and development.3.