Can I pay property taxes in January that are due now, then deduct them as well as next years that I will (plan to, anyway) pay in December of next year?

Once you fix it up, you could refinance to pay off the HML.If you do it right, you should have enough sweat & forced equity to have 10-20% equity for the refinance.

I was thinking I could put down the 50k so he had enough to pay off the heloc and make payments to him for the remainder to be paid off in 10 years with new renters.

As long as the husband continues to pay rent for a couple more months, I will let the ex off the lease. 

Hey everyone,I’m diving into multi-family real estate in Los Angeles and California and looking to connect with like-minded people as I build my portfolio.

You can have multiple conventional mortgages and have a great credit score as long as you don't pay late or get too close to the maximum debt to income ratio.

Quote from @Marc Shin: I saw a video by Miles Golden and he said you change transfer your primary mortgage to a HELOC, and then you can pay all your bills out of the HELOC and pay off your mortgage in 3-12 years. 

I will appreciate your recommendations  on local contacts as well as some insights on mobile park business. thank you Victoria Hey Victoria, do you have any financing options or you paying cash? 

Screen them as you normally would - does their income substantiate their portion of the rent +/- a little for changes in what the housing authority will pay out?

Buy in the winter, and you'll pay less money for the property, but have to deal with longer vacancy.Buy in the Spring and you'll pay a lot more money for the property, but you can fill a vacancy much quicker.Pick your poison.