Secure yourself an ample due diligence period and then use it to interact with the tenants to see how satisfied they are with the building.

Since they don't have a mortgage or any other instrument securing my property - what power do they really have at the end of the day?

Maybe keep your reasonings why vague...say it's for "home improvement", and when they offer secured against your home, just say "no thanks".The 0% check offers that credit cards send out are not expensive.

One approach is to weight deal sourcing, funding and management as 33% each.

@Engelo Rumora We shoot what the bird dogs point out and retrieve, and then give a nice pat on the head and a treat.. a great bird dog is worth their weight

Personally I would put the sign up because they work and then do my best to secure the property.

You can ask them about their policy on dogs over a certain weight as well.

When I asked to borrow, I gave them my preferred lending terms, so they knew I wasn't trying to simply take their money and run.For my deals, I started with the cash from my friends to buy a house outright ($18,500 purchase; friends cash was secured with collateral OTHER than the house).

Until I found out all of my securities licenses were useless unless I could either sell enough life insurance or conduct enough stock transactions to make a living.

Has anyone been able to secure a LOC or HELOC against multiple residential properties held under LLC names?