Does the 2% rule still apply for a property you fully own already?

I currently own 3 STR properties and am currently applying for a HELOC against one that I own outright.

Self-directed IRA A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation: Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.

The process is so different from each other and attempted to apply what we knew from Phoenix to Milwaukee and made some mistakes along the way.

One thing you want to keep in mind is that banks will count any mortgages you have against you when you apply for your 2nd property.

Self-directed IRA A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation: Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.

@John VuI’ve been really working at understanding and applying the metrics used in investing for a while now and I feel like I’m wrapping my head around them a bit.

Since they were existing tenants and you do not have a no pet policy it is not a issue of denying the pet but rather whether the pet fee applies.

The only thing I could think applies is that it says no Warehouses (?)

My understanding is, none of the "Rules" are meant to apply to every property in every market.