Naw, you're just a good bidnessman thinking outside the box :-)Plus it'll look pretty redneck....

My tenants all get along and the homes are very clean every time I pop in to collect rent in my lock boxes some people drop cash in.

Thinking outside the box: You could branch out and look for a partner/investor to pay for that LOC.

@Marcos Altamirano Toriz -  in todays corporate IT world,   the game is leveraging "out of the box"  application functionality by "configuration" versus "customization".   

The other thing about legitimate lenders is that they are usually trying to 'check a box' on a due diligence form.  

Some lenders also count your retirement account as reserves.Seems like you’re on the right track, keep looking in your buy box so you know what a great deal is when you’re ready to buy.Wish you the best.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

If a property ticks all your boxes, has potential for added value, and yields the return you want after accounting for the cost of capital, why overlook it just because the rates are considered "high"?

You will need to collect mail there and have your license note that address as well as living there to check that box.

Please remember to buy an extra box or two of the LVP so that you can do spot repairs if needed!!