I found a bunch of info but can't post it as the site is blocking links.Having said that, there will always be someone who's asthma is severe enough it will be triggered.

Hi Zak-Great question.It sounds like your credit union is offering you a Home Equity Line of Credit as they do not expect principal payments and your primary bank is offering you a Home Equity Loan.Personally, I don't like having to pay on an equity loan unless I use some of it and only pay on the part I use.Although, this is a personal decision for you.If you make investments that provide enough cashflow to pay the principal and interest to your primary bank on the equity loan it doesn't really matter to you as others are paying it.Another consideration is the amount of dry powder available to invest.

I will take this into consideration

Exactly but the Daly case was able to show that FRL wasnt even taking place as First National’s consideration in the note had no origin.

“Pull the trigger” on deals you’ve researched and think are good.  3.

Whether they have a problem or not, building in an area like that requires some different considerations.  

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

So increasing borrowing rate is like having a trigger but if you don’t put any bullets in the gun (reducing money supply), you are not going to get farI have used this analogy in the past but getting inflation down to 2% is like someone who gained 50 pounds quickly and wants to lose it.

We were ready to pull the trigger, and after bringing my wife fully up to speed on why I thought Ohio Cashflow were the team to go with, pull the trigger we did.

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.