I have heard that it's a good idea to form an LLC as an added layer of liability protection.

But there's something else that many people don't realize: these loans  "constant recast" during the interest-only period.For example, if I make an extra $400 payment one month, my interest-only payment will decrease the following month.

The rent increases are with no added renovation besides typical unit turnover.

Any taxes not owed, a seller merely file a tax return with the state, just like any other tax returns filed for extra taxes a government has with held. 

Is it better to keep adding equity by doing work on the houses while I'm renting them then refinance to recover the initial down-payment to reinvest into another property or to pay down the heloc?

Be upfront in your ad. 

Since Landlords are going to be monitored even more now with the price gouging issues surrounding the fires in LA, I would be extra cautious.

I just completed a rehab that adding half a bathroom added ~$50k in value.  

The seller pays extra compensation to the listing agent who then splits it with your agent (this is the way most transactions were done before 2024.

Anyways, on my latest project, the title came back yesterday and revealed two extra parcels of land deeded to the seller under the property I was under contract for.