That is where the concern would be for me.Yeah, older tenants may think that it automatically makes someone a criminal of something, but I would just explain the card and that it at least, in theory, has a medical purpose, unlike cigarette smoke which kills the smokers and everyone else around.

Even though the tenant always pays rent, the smoking violations, pest issues caused by food waste, over-occupancy, and noise complaints are significant concerns.

You've done a great job with keeping your debt low so I have no concerns about your level of discipline to use/reuse a line of credit.All the best!

For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

Unfortunately, Uncle Sam always wants his cut ;)

Need I be concerned with UBTI?

If you lose your job, get into a financial problem that your bank learn about, bank will cut you off your HELOC lifeline in a snap and you will not have anything left to recover as all your money will be stuck into your home principal.

The most concerning is that they allowed unsupervised showings on a vacant unit- something we were not aware of until serious theft had occurred.

Budget these carefully into your overall project plan to avoid surprises.Rehab Budget: Ensure that bids are received from multiple contractors and that adequate reserves are made for cost overruns.ARV: Be conservative on your ARV since the appraisal concerns one person’s opinion.

OTRCH operates a couple of what I call "wet rehab" centers meaning congregate housing for persons otherwise homeless and there are several other agencies like "First Step House" etc. that might be interested in a presence in this block.Or you could cut your losses and put it back on the market under the "greater fool theory."