Yes, but I look like my brother, and group together to get 2% cash back card that pays for itself, and some back at end of year.7.

Talking to friend seemed like both of them are almost same except for following:Withdraw period  - HELOC 5 to 10 years, commercial LOC 1 to 10 yearsInterest rates - can be same, depending on bankIn case of commercial LOC, at end of withdraw period account would be reviewed and extended (with balance carried forward) or closed depending upon situation.If interest rates are same in both cases, which one is better ?

For long time landlords with long term tenants, there's a tendency not to increase rents consistently, especially in areas where the rents had risen sharply.

The risk only begins at end of due diligence.

I will list the numbers:current rent $1950/month (going to $2000 in about 6 months at end of 2 yr lease)My expenses: annual taxes $7950 ($662/month)                        Heloc balance $170k interest currently 5%                        land lord policy $1150/ year                        Self managed                        Maintenance : has averaged $300-400 per year.Reasons I am considering sale :   1) property is currently worth about $270k (making me feel roi is low).                                                           2) property has a pool which is a liability that I'm not completely comfortable with.                                                           3) property has a heloc balance against it of about $170k that I technically cannot deduct the interest                                                                       because it wasn't used for the property or any other rental.                                                           4) Tax treatment: my understanding is if you sell it having lived in it 2 out of last 5 years the capital gains                                                                 would be exempt. 

Property taxes in NH hav a tendency to be higher because there is no sales or income tax in the state.

But when a refi happens right before a sale and 1031 the IRS has had a tendency to view that as a way of taking profit and subsequently disallowed the exchange if it was audited. 

He has a tendency to argue w/ contractors about stuff, then ask them to come back to fix things. 

I've not looked up in Santa fe or taos.

The guests have a tendency to bring the listener huge amounts of information that you might not get in the same time looking through the forums.