Hi Hillary, I would call some of the local credit unions as well as one or two larger banks to get an idea of what everyone is offering for owner occupied HELOCs and what LTV (loan to value) each is given.

But I personally value buying property in an area that appreciates more and has the potential for better tenants and rental increases, so I will easily give up the idea of the 1% rule, as I think future growth is much more important to me. 

I have a young friend who has just gotten into the Landlord business - he has purchased 4 properties within the past year, and has gotten the "great idea" that signing up with AHS would relieve him of the multiple repairs he has had to pay for. 

I'm wondering if anyone has some ideas as to where I can find some folks in my area to learn from/work with?

That gives me a good idea of how diverse and resilient it is.

Hey Kevin, Do you have any idea how many elevators a six story building with 15 units would require?

But that's the general idea.  

(Fall back idea with almost no development costs.) 

I just responded to someone entertaining the idea of doing Subject To, which I enourage and an example I am currently doing.

I honestly have no idea and we are not asking questions.