But real estate is a better long term wealth generator.

As long as the payments are made on time, they don't seem to care.I echo @John Underwood that having the correct insurance is of top importance.

. - for as narrow or as wide of a net you may want to throw out for your own “real estate investing.”But if you should still have an inclination to trust some guru with a paid mentorship, I’d suggest to go above and beyond their standard contract, which will likely stipulate what you owe them in far better terms for themselves than what they owe you in return for your money: I’d ask them to stipulate - in writing - what “mentorship” your money (at each level of a “workshop”/“education” they expect you to pay for) will actually get you, and for how long.

I've used such for projects that ran long in the past, while interest rates rose again and again.

Just curious, how long are they giving you to get compliant?

I want to know if it is worth doing it and how long we should keep it?

Long story short, I have 3 properties in my own personal name: Small multi-family properties (a 4 unit and detached garage bank, another 4 unit, and a 3 unit) that I had residential HELOCs on in the second position, with a fixed residential in the first position. 

Now it is a stabilized long term rental on both sides for me.

Ok ya'll, long time BP learner, first time poster.

In return for the City's rehabilitation assistance, participants agree to certain long term (5-20 years) rent and occupancy restrictions which provide for the continued availability of the housing to lower income families at an affordable rent.