Banks and credit unions can also offer flexibility for investors that engage in strong relationship-building strategies, offering discounts and solid loans in exchange for borrowers willing to use the institution for other purposes (savings accounts, etc.).

This would not scare ma away though.  

.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?

However to compete with institutional or notes from banks etc.. again no offense but I think you have zero chance of success doing that..

Does anyone know what I would pay capital gains on in MA? 

Housing is a sh*t show in Massachusetts.

@Kristopher HanksYes, Titan Bank and Solera Bank are the two institutions that have departments that specialize in opening checking accounts for 401k trusts.

He was the person who inspired me to invest in the stock market when I was 15-years old and inspired me to invest in real estate.We have some really bad areas in California, but the laws are more landlord friendly and even the worst tenants are more respectful that what I dealt with in Massachusetts.

This is in central MA  

I HELOC'd my 1 bedroom condo in Boston MA, took out $200K and used that as a warchest to expand my portfolio.