But before you rush your decision, you need to realize one critical distinction: treating this transaction as a business allows you to deduct all business expenses against this income.

I started down this path and blew it all up after a few years as its way too expensive, way to complex and realistically did zero additional asset protection for me. 

I've started using Rental Hero to track my income and expenses for each of my rentals and flips and I really like how easy it is and that I can upload my receipts straight on their app to keep track.

First Heloc rates are double of what mortgage rates with an average of 9.50% up to 15%.

Retirement in ten years without any start and with a lot of expenses is going to be a very challenging feat.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Not a knock on anyone, but the multifamily groups isn't on average likely to be as loyal as the business owner group.

*Example: if the annual rental income is 1 million yen and the property price is 10 million yen, the surface yield is 10%.Calculations of Net Rental Yield is based on the gross yield formula and is calculated by subtracting the actual expenses from the annual rental income and adding the property price plus expenses at the time of purchase of the property.

I was/am trying NOT to buy a complete renovation property again, it was expensive and a lot of work.

Cash-on-cash returns are what remain after vacancy costs, mortgage, and expenses.