But, this has absolutely nothing to do with living out of a line of credit rather than a checking account.Even not counting the opportunity cost credit given in the analysis for the “reserve” theoretical investment, the additional nickel and dime fees associated with the HELOC will eat up any savings.Perhaps you became much more vigilant at controlling expenses when you decided to use the HELOC to pay your everyday bills.

And when you hire a PM, you give away a set percentage of gross rent to someone who has never invested a dime in the property.

County water gets shut off and turned on at the drop of a dime. 

Come on mate, I’ve been in this game for way too long and I’ve seen the manipulation that goes on with many turnkey companies offering finance over the last 10 yearsAnd let’s not even get into the turnkey marketing sales companies pushing as many houses via financing just to get a fat commission on every property soldNot giving two dimes if an investor is solvent, and if they can afford it… 

Most investors will email out a scenario to thousands of lenders and nickel and dime on fees and rates.

@Ben Bolingbroke personally I wouldn't spend a dime on it.

It was on him and he ended up fixing the issue on his dime but now I know to make certain a roofer knows what's vented and what isn't.

I would second the advice to start saving every single dime you can and go on a serious quest to clean up your credit ASAP.

Indeed H&R Block will nickle and dime you.

It's death by a thousand cuts just bleeding cash before I make a dime in revenue.