Similarly to what Mark Cruse stated above, provide dignified housing, respect your tenants, and either have a good PM or make sure you are updated on the regulations and best practices for placing tenants.  

The question if such leverage is utilized can he weather any deflationary period?

New listing typically get artificially pushed to the top for a short period of time.

Then, how does that look if you were to updated units and move out and rent both sides? 

.: UPDATE:....How do others interpret this?....

If your hold period is short, it may not make sense to take bonus depreciation.BENEFIT - Clearly additional depreciation is the benefit, but only if you can use it. 

Shop LTV (or cLTV which is combined Loan To Value, basically your first mortgage and 2nd mortgage combined loan to value), rates, payment terms, time to close,  and draw period (how long you can go into and out of your heloc). 

776 acres on the TN River - PERIOD How did you find this deal and how did you negotiate it?

There are some buyers that are just a complete terror during warranty periods with expectations that are not at all aligned with the purpose of a builder warranty.

Only at the end of day on Thursday, January 2, Taylor sent us an email asking us to request new updated closing letters, causing us confusion.