Are they eating a little too well right now? 

Of course, this is going to depend on how many points you're willing to eat for buy down (break even analysis timeline is a must), but either way, mid 9%s is at least 1-2% high.  

If not I'd just put a new one in and eat the cost.

Is this one that I have to eat?

The issue with HELOCs right now is that the rate is around 9-10% which will seriously eat into the profitability.

I can set up the rent payments, collect them into easy-to-create bank accounts, and then have the system automatically categorize those payments for my Schedule E at the end of the year because Baselane already knows what each of the payments was.

OR Hire property manager and eat the costs until you have cash flow coming in? 

Thus they split out the Rental, and use a C-Corp blocker to eat up the Ordinary.2) The activity would generate self employment income. 

I only buy really really good deals right now and pass alot up due to the cost of money and how that eats all the cash flow.

Hey @Garrett Kroll, so you could block all the days that are holidays but frankly I think you just need to eat it.How much cashola are we talking?