My plan is to find a decent deal, run the numbers through a fine tooth analysis to make sure it is worth making an offer on, put 20% down using the heloc (or find a way to fund the down without using the heloc or my own cash- I need all the advice I can get on this).

This extract from the Canadian Tax Journal is becoming a little long in the tooth, but generally still holds ... when in doubt, ask your accountant.

If I could have saved all of my day job income I would be in pretty good shape too.  The

Shower rod for me too. The

If I had your shoes on I am first going through the contract with a fine tooth comb to find where you are protected - if it was his contract you likley are not - but never know how savvy the fella is.Next if you are not complete i would give him proper notice (according to the contract and/or state law if applicable).

That's my plan too, the house hasn't been updated since the 70's so I'm hoping once I put some sweat into it I can try to pull some cash out and do it again.

We look for solid base hits, sometimes you get home runs, but to win the game you need to get on base, glad you use the analogy too!  The

But may try that too. The

Cameras are just a recording of what happened, a mask and hat is all you need to break in.

Great detailed blogs that go over syndication with a fine toothed comb.