I've done this with my properties because I'm well known in my small town and don't want people to know what I own.

I dont know the terms of this specific home equity agreement but the ones I have seen in the past were pretty expensive.

I have been trying toe get a list of the IRS discriminate function indicators to no avail so I'd like to know how you can say that home office no longer concerns IRS.I was just making the note that broad stroke for everyone to add spouse, kid etc to create a partnership has other considerations people need to be mindful of as well. 

@Travis Gutting, the fact of the matter is: $100k in today's market is by and large going to land you in a "rough part of town", a MAJOR renovation, or into rural areas.Granted, I don't know every market, but Cincinnati (my market) and Louisville are not too dissimilar.  

Let me know how things are going!

10) Knowing what to do if tenant is late on rent or doesn't pay.There's a lot more, but many here on BP self-manage and learn via "trial by fire".Of course, you can always hire a Property Management Company to handle it for you.

I think in the past, I've let what I "know" get in the way of what I can learn so this time, I'm just going to learn everything.

Too many honestly to name  Wow, I did not know you could do that with AI.

awesome, would you happen to know good real estate agents out there. thanks 

@Katie Accashiani know this wasn't your question but i have to ask... what's your strategy?