But, for the convenience of setting up a stupid Whole Life policy, I'm going to borrow $30k from the bank, on my investment property, a collateralized line of credit against a collateralized line of credit.Why would I buy a stupid life insurance policy, pay 4% interest on the credit from the bank and earn 4% on the interest in the policy?

I know talking to them is a great way to do this, but I want it to be somewhat of a surprise.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Does it surprise you that building materials would also increase? 

Be very specific about what needs to be done to avoid any surprises later.Following this process helps ensure that you don’t underestimate renovation costs and can plan your budget more accurately.

I wouldn't be surprised if just about every investor on BP doesn't have someone who's not paying their rent or hasn't for the past 30-60+ days.  

Here are a few conversation starters:Unexpected Surprises: What’s the most bizarre thing you’ve found during a renovation?

Seems like anyone with 3.25% interest should have solid equity in most cases, so I'm surprised you can find people who want to do Subject2 on these, when it seems like they could sell, wipe out the loan and sell with equity.   

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Surprised the EMD would be that much.