Of course, the OP knows actuals instead of just my assumptions.Bottom line, it's likely a treading water investment now with a neighborhood upside... if I had to guess.

@Albon ShawSure they can be expensive , but so can running a new sewer or water line .

I've found a lender that will give me a business line of credit on the combined equity of my properties.

Like others have mentioned, I know some investors who have found some incredible deals on long term loans and lines of credit with local banks.

I will not offer any credit and will toe the line here because what I have done is enough.

I'm not convinced that your CPA did anything wrong.Whether or not you filed a partnership return or reported it directly on Schedule E - the bottom line would be the same.

I’ve been a 8+ year card holder, with great credit and a decent line amount.

Anything under 6 months and it's considered a delayed finance, and cash out is at 70LTC.LTC = what it cost you per the closing statementLTV = what it apppraises for after stabilizing the propertyThat's just my lender, I'm sure that other lenders do it differently and that's why we are encouraged to call all the banks to line up financing before buying.

It's helpful if you are in the same line of work you studied but that's rare.

As her income increases, I look to pay down our line of credit and snowball our early loans.