Or worse still take away the privilege? 

Even in the most depressed cities, there are areas (neighborhoods, blocks) where people want to live and will pay you well for the privilege. 

It's been my privilege to help many clients with DACA buy their homes (and rentals).In fact, DACA recipients qualify for the same great rates that a US Citizen gets. 

I have had the privilege of transacting on 20 off market deals last year.

What you want to charge are "fees" which is money you get to keep in your pocket.Some charge an up-front "pet fee" which is a flat fee the tenant pays for the privilege of having a pet.

So you're asking us if you should take free money (cash) and put it into the floorboards of a rental property to pay down debt (that would then become a cost to you...and that your tenant was already doing for you...as in free new equity), so that at a later date you can pay for the privilege of using that same money (cash now...as in free to use) by establishing an LOC?

/Miss Hackett, it’ll be a privilege to join the group.

To me they are just a civil version of code enforcement that you get the privilege of paying every month!

Waiver.The failure by either party to exercise any right, power or privilege under the terms of this Agreement will not be construed as a waiver of any subsequent or further exercise of that right, power or privilege or the exercise of any other right, power or privilege.

KarlDisclaimer: The foregoing is for comment and discussion purposes only, should not be construed, and may not be used, as (a) legal advice, or (b) to abate in whole or in part any interest or penalties for, related to, or in connection with any tax or imposition by any governmental authority having or asserting jurisdiction, or (c) solicitation of retention or employment, or for the furnishing of legal or non-legal services, or (d) to create a client-attorney relationship or privilege.