You are leaning away from the typical design to attract the widest buyer pool and now getting into a niche buyer pool that will be picky for all the right reasons.

HELOC is my first thought too but I am looking to combine them all into one mortgage and take a HELOC out on all 4 of my houses because they are just typical oklahoma town houses that only run in the range of probably 50k. 

Thanks We typically like to use credit unions.

@Vasudev Kirs typically, the credit provider will want to hold a PERSON responsible for following all federal statutes regarding the use of a background check - even if you have an LLC.Regarding @Mekkel Blanchard comments about using your name or company name - NOTHING positive about a tenant knowing you are the owner.

Typically we have paid appointment setters based on specific KPI’s which are typically getting the appointments setup.If they bring the lead but someone else cannot close it that is really not in them.

@Ryan Brown, I am not an NYC landlord and know you are subject to different laws than I am in Ohio.But, typically, as long as their shower head is fully functional, I cannot see any reason why you would be required to replace it for them.  

Keep in mind that if you are getting a license for your own deals, e&o insurance typically will not cover your own deals.

Trying to time the market typically leads to .

So based on what you know, if a beginner were to snatch up several of these 10.5% TDs over time, and experienced typical losses for a beginner, what would their net be? 

@Manny Martinez FHA monthly mortgage insurance is typically 0.85% of the loan amount, so you are effectively already paying the rate you were quoted, $200 per month on an $80,000 loan amount would be about the equivalent of a 3% interest only loan, now factor in the difficulty in finding a 2nd mortgage in todays rate environment that low and assuming the refi rate you are talking about is a fixed rate, your $200 extra per month is paying down the balance of the $80k further reducing the effective rate you are paying on the $80k, all while paying about the same effective rate on your existing balance when you combine your rate and MMI... seems like it is a good move to me or at least better than finding a 2nd mortgage.