I have thought about also offering a loan similar to what a bank would offer for its portfolio: fixed for 5 years, then floating for 5 years, but wasn't sure if this would seem confusing to a typical individual lender.Also, I expect in a few years that bank financing will be easier, and we'd have access to bank financing if needed.Appreciate your input!

You shouldn't expect your tax guy or gal to "fix it" after you've "FUBAR'd" your transaction, if you catch my drift.

It is possibel I left a few out, but you get the drift now.

My apartments are 30 years old.I have a maintenance guy do unit checks every 2 weeks.Basically checks water heater,heater,outside unit,light bulbs,ceiling fans,electric,plumbing,etc.We have water included in rent so stuff like replacing springs and o rings in the showers to prevent drips and replacing flappers in toilets to keep the water from running all the time.Sometimes the shutoff valve at the wall for the toilet doesn't close all the way to off or the float mechanism goes bad.You can buy a water pressure tester at Lowe's for 9 dollars.Just screw it on check for pressure.Should read 60 to 80 pounds.If it's higher than that you have to find the pressure regulator valve next to the water cutoff for the unit and adjust it.After adjusting if the pressure doesn't go down to 60 to 80 you have a bad pressure regulator that needs replacing.The importance of this is pressure is set for the cities and counties at around 160 for the fire hydrants.If pressure is high inside the apartments it can cause leaking and premature failure of plumbing parts.On the insurance we are required for replacement value and can't do market value.

Went full time after I had a few fix-and-flips under my belt and knew that I had enough capital to float enough deals to cover my nut.I used to live mostly off flip income, but ever-so-slowly my rental profits have started to make a meaningful contribution.

After all the original FHFA RFI was geared to "all" solutions, it is simply curious that so many came back with the same ideas that were already "floated".Anyhow, the 8% is of course relative also, is it an unleveraged return using leverage monies, is it guaranteed risk free, is it including capital appreciation, etc.

My thought is that with an LOC I would have additional borrowing capacity to jump on cash deals if needed, as well as float some of my current renovation projects between construction loan draws.They offered me a $140k interest only LOC, 2 year term, 5.75% interest.

Seems middle age tenants are used to playing the float and therefore prefer paper checks.

This will enhance your after-tax ROI and keep more cash in your pocket. 5-year personal property includes window A/C, appliances, carpet/pad and any floating flooring (not glued), window treatments, awnings, etc.

That's about as much leverage as I want anyway.As far as HELOC's go, I'm assuming that most people want to lock up long term fixed rate loans, not have a ton of floating rate debt at whatever point the worlds' lenders ascertain that the future US govt cash flows available to somehow repay the spiraling debt and unfunded liabilities (a mere $100T or $1M per household), are woefully and absurdly inadequate.