My first bid came in at $70k, so for the next GC, I knocked a few repair items off the list.

She either qualifies or she doesn't, you offer her housing if she does, and move on to the next applicant is she declines or is not qualified.Commute times and other ancillary details like that are not really your concern (though commuters are not a protected class, so I suppose you could legally make commute time a screening requirement if you were so inclined). 

You can write off the investment related interest even if it is funded by the Heloc.But if you will take standard deduction, it doesn’t matter.If your itemized deduction were greater than standard deduction (24k if married in 2018), you could deduct the interest you paid on the heloc to the extent of your net investment income. 

Just thought I should provide some additional details.

Below are the details:- Single family home, 3 bedroom 2 bath- 1464 square feet- $310,000 asking price- built in 2003- 20% down with an est. mortgage of $1,347The home is in great conditions and won't need any major repairs.

If interested PM me for details. 

@Rod Joseph Hey Rod do you still host a REIA in Gwinnett if so can you give me the details of joining?

If you need a more specific number, shoot me a message with more details and I'd be happy to help

There is no nickle and dime negotiating inspection items in our market and sellers report showed no major issues.

I am working on an article describing this more in detail and the opportunities each class affords.