While Rule 506 allows issuers to sell an unlimited dollar amount of securities to a theoretically unlimited number of investors (as long as they are solely accredited investors), historically, Rule 505 limited offerings to $5 million in any twelve-month period.

If a doctor is renting a borderline war zone house, I don't even want to know what a teacher/carpenter/postal working is renting (a cardboard box?)

If your apartment is relatively well located, offers sufficient parking and is well priced, you should not have an issue renting it.Hope that helps!

If your apartment is relatively well located, offers sufficient parking and is well priced, you should not have an issue renting it. 

He got some cardboard from a recycle bin and made some 'I buy' houses bandit signs and stuck em on street corners in blue collar neighborhoods. 

I would have zero issue renting to a family member and would actually love to, though I am also assertive and would set it all up the right way too.

I heard a rumor that studio style cardboard-box rental may be in pretty soon...Having a property an hour away is not a bad deal if it cash-flows but does it still cash-flow with you hiring a property manager who can take care of the immediate issues, IF you're not willing to drivie 50 -60 min to address any/ all tenants issue.s. 

The LENDER of the HELOC should have no say on how you spend it, any more than Issuers of Credit Cards, right?

ThanksGlennHey Glenn,You're correct in that it's quite expensive, but the difference will be less pronounced in a smaller condo than in a multi-story SFH.Assuming you're in a desirable area of North Jersey, the condo should not have an issue renting out either way.

ken, the US Federal government is the monopoly supplier of the US economy, i.e. a currency issuer, whereas you and I, states and businesses are currency users.