I have bought a few books and none of them work well at all because they are all talking about finding the buyer first and in my mind if I go about finding the buyer first, 1 its not with no money and, 2 I would just do a different strategy of investing if I was finding buyers first.

There are upgrades to the service that cost additional money.

Insurance and taxes are a big part of the equation too.

I paid for the renovations with cash and now since my credit is 2 points below I can’t get money out???!

But if asset protection is a key concern, it’s worth discussing further with your attorney to find a balance that works for you.This has no income tax impact.

It's the easiest money I've ever made. 

They have been a money drain.

Those extra doors offer a higher passive income and help to buy another home sooner once you file that next years tax returns. 

Checkout section 469 of the tax code for material participation tests and what it all means.

I will just warn people that taking money from your HELOC as is a risky proposition.