With respect to paying $44k off on your HELOC, I personally think that is totally fine and a great start. 

Many people don't realize that you gain as much or more net worth through debt pay-down, and while it's less liquid than cash flow, over a 5-10 yr hold period it's considerable if you buy in the right areas with the right asset class.

T First person I've heard say I look forward to the losses.

@Laurens Van swol a few banks that we've worked with in the past allow you to close in your personal name.

I am the only person that will be able to update you in this matter.

He abandoned trying to scale.Learning from this experience when my partner and I decided we wanted to double our net income, we realized it would take a increase of 2 1/2 time our volume and probably need to triple our deal flow.  

But there are so many milestones in between, the first one is when you realize REI works and you are now actually a real estate investor.

You also have the option to close these DSCR loans in your LLC as opposed to your personal name.Our team finances just shy of 100 DSCR loans on a monthly basis.

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

@Makani Donaldson it all depends on your investment goals.If you buy a Class A rental, it'll usually have negative cashflow, which will be hopefully offset with appreciation and better tenants.If you buy a CLass C or D rental, it should have pretty good cashflow because you may not realize much in appreciation and you'll have a lot more problems finding good tenants.