I don't ever stiff the housekeeper and if this was a long term tenant who needed to break early I would do it but probably not in this case, again unless regs require or mom presents a more compelling case. 

I wouldnt, so long as you have your requirements laid out - they should be able to know if it is even worth applying.

--------------------------------------Context:-My wife and I file taxes jointly and own 4 long term rentals in NJ and 3 rentals in FL (1 long term, 2 short/medium term).

Prices seem very high and build times very long.  

This is a significant down side to me as a long term investor as it basically wipes out your cash flow. 

Are you looking for a long term rental? 

It often takes new organizations similarly long times to get that sort of information.

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

I know it's not as flexible as a HELOC but as long as your deal flow is good and the tenants are paying the mortgage you won't come out of pocket for it. 

Why do you think purchase contracts are so long and have such small print?