@Ryan Gyllenband@Mauricio Blanco@Manny Raimondo i am in Houston and i got it on my investment property, the key is they dont call it HELOC you need to ask for just line of credit. i got it from Trustmark bank. if you are in Houston let me know i will direct you to the branch that i am banking and you can mention my name. they know me :) 

I know they have a 90-day limit they mention for most places that partner with them there. 

As mentioned, there are several suburbs/communities just outside of Indianapolis that offer great value.

The only damages you mentioned is the grass, so, it will be a tough stretch to blame the PM.

Hi there,Build-to-rent (BTR) companies like the ones you mentioned can definitely be a viable option, especially if you're looking to invest in areas away from your home base.

I would say compare terms, seasoning period requirements (Assuming when you mentioned construction loan you're talking about a rehab project), response time of your rep, learn as much about their loan underwriting and approval process as you can.

But your right this lender was very hesitant as i mentioned i wanted the funds to buy another investment and or hold as an emergency for when something pops.

The IRS generally requires improvements that add value, prolong the property's life, or adapt it for a different use to be capitalized and depreciated, not expensed.However, as you mentioned, you might be able to expense the resurfacing under the De Minimis Safe Harbor election if the total cost is $2,500 or less per invoice/item.

Your mention of inheritance makes me wonder whether your expected gains are as high as you think they are. 

I would mention both the monthly and yearly revenue to help the investor assess ROI.