A lot of local banks tend to have 1-3 year intro periods of lower interest rates for HELOCs, check with some yours. 

Another example of this is Newark, extremely strict laws making land lording a second job.When finding the right area to invest, towns with more lenient land lording laws and proximity to public transportation tend to be a receipt for success.  

I would tend think the value of the duplex would be higher than your estimate, but I don't know the market.By the way, I just re-read one of your posts, you don't have to put 25% down on a rental.

These guys tend to be 1 man shows, and are generally drowning in work and would love someone to pour into. 

I would tend to agree with the other CPAs typically.The 500-hour test is one of seven material participation tests used by the IRS to determine if a taxpayer is actively involved in a trade, business, or rental activity. 

These areas tend to provide the best balance of affordability and rental demand.That said, Detroit’s market is unique.

The tenants at that price points tend to be more picky and will require more attention than a tenant in a 1500sqft home would.

I’ve found that C to B-class neighborhoods tend to perform best for Section 8 rentals.

And it’s extremely rare to find people you can trust like that in this business, as most people tend to look out for their own interests first.

They tend to be slightly better deals than what you might find on the open market.