Write a book about it, utilize paid internet ads to drive book sales, follow on with YouTube videos, webinars, blog casts, on line tutorials, and sell a few one on one coaching sessions.4.

Both units rented at $1500/mo with all utilities included.

You must be able to verify you live somewhere else (utility bill, lease, updated ID etc..) 

Tenants pay all utilities.

The plan was to utilize the HELOC as the down payment then getting a conventional loan to cover the remaining 80%.

What have you been paying for utilities?

@Daniel Baker I would say a lot of it is based on their training or their resources that they utilize to complete your taxes.

Once renovations are complete, carefully screen tenants, set clear house rules, and consider furnishing the units with utilities included to attract reliable renters.

The time value of money still favors acceleration, but only if you have a clear path to eventually utilizing these losses.Don't let your tax savings get trapped in passive activity loss limbo.

I should have elaborated in how the utilities are handled.Septic is the only private utility, and thus is my responsibility.