Say you have a revolving list?

And the big stuff is n reasonably good shape.If it is I don't think you need property management on it more a "handyman on call"  If it is long distance, I think its trouble.Also, keep in mind that when you pay a higher price than its assessed at you can be reasonably certain your taxes will go up, maybe.Cash on cash less interesting than the total return with paydown, which should be solid if it isn't a revolving door. 

For new investors, it provides a layer of protection against potential capital expenditures because the HOA fees go to pay for exterior upkeep, roof, CAM, etc.

Haven't stopped and now my entire world revolves around RE, I love it! 

Put all your savings, all your earnings, all you payments inside it.Because the HELOC is a revolving line of credit, you can put in and take out money as needed, and most people are able to pay off a house in 5 to 7 years with this method while not changing any of their spending or saving habits.

@Cam Hadfield @Mason HickmanMason, thanks for the reply.

My question revolves around when a landlord may bill a tenant for landlord's time or landlord's family's time.My understanding is if a landlord performs repair work on damage created by the tenant, then the landlord may not bill for time involved but may bill for required materials purchased. 

I looked into refinancing my multi-family and found several lenders who were happy to refinance my 3.125% FHA with a loan for 6.5-8% (Which would eliminate the ~$1500 cash flow from these apartments.)I am currently switching the multi-family loan over to my LLC so it will no longer show up on my personal credit but I feel I will still need a second mortgage to pay off my revolving debt to qualify for the next FHA loan.Are there commercial lenders that will give a second mortgage to an LLC?

@Scott Spanier most of the problems revolve around PEOPLE1) Tenants not paying-Government and special interest groups are training more and more low-demographic tenants that they don't need to pay rent.2) Lack of affordable and quality maintenance workers.

Have v. little revolving debt.