Knowing cap-x projected out years is not an "extra credit" kind of information, it's fundamental necessity. 

University of Kentucky and Lexington-Fayette Urban County Government Land Swap: In 2018, the University of Kentucky exchanged 250 acres near its Coldstream Research Campus for control of several important roads in and around campus, contributing to economic development opportunities and improved urban planning. 

•Meet state-specific experience requirements, at least a bachelor's degree with enough accounting credits, such as 30, to know a lot about accounting•Complete continuing education (CPE) annually to maintain their licenseCaveats:While CPAs have broad financial training and licensing, many of them choose to specialize in a niche such as auditing, advisory services, accounting and tax, or corporate finance for work.A lot of people say the BAR exam is easier than the CPA exam.

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.

So, you can do a land contract for 12 months, which should allow lender to credit you full value of the land vs the purchase price, but the loan will pay off the land contract, so the lender maintains first lien position.Can't help you with the rest of your question, but you should be able to search for "CPA" here on BP to find experts to reach out to.

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

True re the prior poster, re this helping the seller save their credit, if you buy sub-to you will dramatically raise their FICO since the mortgage will show on-time payments.  

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

My suggestion to improve your cash flow is to find another bank/lender.

My strategy would then be to lease at least two of the renovated units, increasing occupancy to 90%, which could improve the chances of securing favorable terms for refinancing.I haven't pitched it to the seller yet.