I have used both of them in the past for HELOCs on investment properties and the process was pretty straight forward just like taking out a HELOC on a primary residence. 

That is overly simplistic explanation straight out of rich dad poor dad book.

Honestly speaking, I like people that speak frankly, so I was probably a sucker for Engelo's "if I swear a lot I will appear like a straight shooter" delivery.

In regards to skip tracing, find and use a company that has flexible pricing options, volume discounts or discount memberships; this will keep your cost of skip tracing down.

You will still receive the same depreciation deduction per year since 27.5yr property is a straight line basis, just that the timings are a little different is all.

We loose almost all of the site line if my neighbor decides to put up a sign, plant shrubs, let their tree overgrow, etc. and this is in the riskier direction from our stand point.Our argument was that we have 400' in the direction that has a flat straight away (theoretically faster traveling traffic) and have 3xx' in a direction that the traffic is traveling up hill with a shorter stopping distance and time, most traffic will be coming off of an Interstate off ramp which in theory they would be well under the speed limit when as they approach our property.To answer your question: I am undecided if I will do more development projects.

Yes, you will pay for commissions (which are 100% negotiable)- I like the idea of approaching the agent for the new buy (if in the same area), who might give you a discount on the listing if you also buy from him or her.There are programs out there that help you BUY before selling, they will give you a 20% downpayment and money for repairs on your existing house- you'd have to use an Agent and them that is affiliated with them and they act as the straw man lender- check out Knock.com, Ribbon, Orchard, Homelight, etc- and there are others- I'm not sure which are available to you in California.In most states, homes are sold "As-IS" anyway), and all you have to do if you cannot make repairs is to properly DISCLOSE what you know isn't working, so that buyers can take that into consideration in ADVANCE of contract, in both their offer but also to save them surprises later on which could cause them to back out- if they know in advance and all is disclosed, there's less chance of that happening.

There can be various reasons why a seller needs to sell a property quickly and might be willing to accept a discounted sale price.

I'm a straight, white male and insulted by certain renters now and then.

Looking forward to your valuable input.Best regards,Renata I was just in Tampa looking at lots for 2 weeks straight.