My assumption is that it still will be better to purchase in my name (better loan terms, ability to put 20% or less down, and I'm already pre-approved) and move to an LLC, but this seems like a steep cost of doing business.

As long as the location was in the path of progress, and the units themselves had already or the ability to add features like off street parking, in unit laundry, etc. 

Check with your tax professional about your ability to deduct the interest on a HELOC from your taxable income.2.

At the heart of effective property management lies the ability to balance the competing interests of three critical stakeholders: owners, tenants, and vendors.

In the time you've had this tenant, have you or they had any conversations about their actual ability to pay?

Hopefully his students are better, I don’t like the idea of thousands of people entering the industry trying to find sellers willing to sell via subto who all think it’s okay to bend the truth, especially with transactions like subto that are complicated and require a lot of trust on behalf of the seller (that the buyer will do what they say and keep making the payments and not wreck the seller’s credit potentially affecting their ability to have a place to live in the future because you can’t even rent an apartment with bad credit). 

@Keith RichardsonIt depends on your risk tolerance and ability to stay organized.

@Agatha Oliveira Over the last 10 years case law has been established that greatly expands the ability to redeem tax sale properties.

It's education, resources, ability to talk to Pace and his team in zooms, as well as put you in a community of like minded people, also the amount of opportunity within the community is endless. 

However, after seeing what we could offer in terms of amenities, location and service, they happily paid the premium rent associated with renting from us.I am not a natural salesman, but reading books on marketing, sales and hospitality has greatly improved my ability to convert a lead.