So far, nothing.The point is that I believe people spend a lot of money, time, and effort protecting themselves against a non-existent threat.

When the 1031 is complete the exchanger will refinance the new property and use the cash from the refinance (now non taxable) to invest in syndications.

Because the property tax as a non-owner occupied property is about 3-4 times the amount of a owner occupied property.  

In the MLS a property is being advertised by a realtor, but the description says "Non representation listing please call owner direct".

Annual fee $25.PenFed - max 3 other properties, 89% LTV Regions- yes HELOC but no LOC SCCU Florida 70% LTV, 6.25% interest only, not LLC Sound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD Bank TIAA Direct was EverBank Tower FCU, all states except TX, max 45 DTI, green card ok.

Getting non paying tenants out of your house in RI can be a lengthy process so you have to choose wisely. 

I also saw that the pref was non-cumulative?

If I identified the offender, I would probably bill them back for the wasted water and when they didn't pay evict them, or non-renew them if their lease was near the end because that is simpler. 

As for starting a business, are you looking to start a "real estate" business or "non-real estate" business?

I have multiple properties and am thinking of just doing non qm loans moving forward.