On the 16th day your payment is late, but that does not get recorded to the bureaus as late...The credit reports calculate mortgage lates in 30 day increments...and so everyone is clear we are talking about mortgage lates...this does NOT apply to installment loans and revolving credit because lenders report those quite differently!!

Most leases revolve around a set timeframe that becomes the lease term.

The Transunion blog states that HELOCs are counted as revolving credit so a high balance could drop your score 100 pts.  

She can't afford it, your rent is too low, and it's a revolving door of problems.

My RE attorney has a PM background and agreed a separate PM LLC was a good plan, but my information gap seems to revolve around taxes/accounting.

I have also heard the term "revolving" and "simple interest" when it comes to asking these banks if these types of LOC have it.

Beside that, HELOC is a revolving line of credit like a credit card so if you pay it back and couple years later your wife will decide that you need to build a sunroom (and trust me, she will) or put some money down on an investment property you'll have the HELOC money ready for action.If you have all that money available in cash or stocks that would seem to be the easiest way.

Im offering it at $14/sqft including cam while the strip behind me is $19/sqft.The bank foreclosed on the former tenant/owner  because of nonpayment due to gambling debts so the previous tenant didn't go out of business due to lack of business

The question should revolve around how much income do you derive from the properties in conjunction with your other income (if over $60,000 per year it can make sense to have the LLC taxed as an S corp and take payments under a lower tax than standard income) as well as the amount of equity at risk. 

If you have a lobby area, most cams now are audio capable, and can be two way.