The HELOC is used for Rehabs and the the LOC is used for unexpected expenses until I have appropriate reserves for that property.

A bit of an updateI found a few places I Southwest areas near Sugarland Stafford Houston that I am going to check out this weekTile outlet and the chandiler house Any of the locals here ever had experience or can recommend any tile and flooring? 

You are assuming 30 year / forever hold period which isn’t true for many people for many reasons2 you are also assuming that if the heater broke, you have additional funds to fix them - if the property is not cash flowing, any unexpected maintenance/ longer vacancy will force you to put in more money which is not sustainable- positive cash flow helps u survive these downturns for a longer period and makes a huge difference in your ability to hold it forever

If income from an unexpected insurance reimbursement is reported in a year after a casualty loss has been treated as nonpassive under this rule, the income is also treated as nonpassive

Admittedly, a continuous run of aluminum wire does not present a problem but when the Al wire is subsequently connected to outlets, light switches & especially spliced to other branched circuits (buried within junction boxes), these connections can & will by the metallurgical nature of Al oxidize.

2017 didn't work out as planned given some unexpected distractions.

Thanks for reaching out. Let

I looked on some of the forums around the site and people have mentioned that they didn't ground the outlets.

Yes it can be very problematic , if you hire out lets say the drywall hanging and finishing , and they take an extra 4 days over schedule , this will push the GC"s painter out .Now that painter will have to reschedule , but they are already promised to do a 2 week job in that time frame .

So a quick unexpected few thousand more....You should always get the place appraised, not rely on town assessments.