I called my local insurance company, as well as two major companies and was told "good luck." 

I have been looking as well and have started free trials for both JookSMS and EZTexting.

The deal is risky unless you know the market well, have experience executing this strategy, and have accounted for the quality of the asset and tenant. 

Well you can probably get around $70k out of your $300k property on a HELOC.

There was no mention or remorse for past declarations, which were pretty set in stone per the loan offer and his communication.

Cities and states have enforced this policy for well over 50 years and it always stood up in court.

Are you thinking of acquiring in Iowa as well or are you open to other markets?

– Considering Class A properties with established tenants• Less focus on appreciation – Prioritizing income stability over potential future gains Current Opportunity: I’m evaluating a retail property in downtown Portland with:• >80% occupancy, most tenants in place for 10+ years• Decent cap rate (6-7%), NNN lease• Well-maintained, high-quality building, with existing HOA which will take care of maintenance. 

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

Quote from @Gregory Schwartz: I have 2 very close friends who grew well beyond 2 rentals with this strategy.