There are a lot of work opportunities in NYC of course.

I saw someone I know who I respect a lot who just created a raising $ course and they struggled to raise a few million over the past few years.

Of course this is just my assumption.

Do not overly complicate the letter, or you will scare sellers and tenants.I want the tenant to sign, of course.

Of course the solo would also pay the notes.

Bank Credit Line How did you add value to the deal?

It is easy for people to download fake W2s, ESA paperwork, etc, with a few mouse clicks and a credit card. 

I finally understand that credit card payments are exempt from needing to send 1099's.

@Michael Almand, for a full line-by-line breakdown and scope of work, my preferred contractor will charge about $250 to walk the property but will credit it back if he and his team are given the job.

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.