What are the advantages (or disadvantages) of using the home equity line of my primary residence compare to trying to get a regular 30yfixed loan for the rental property?

Best bet is to have systems regularly tested

We still take an application fee and perform regular screening (credit/background/reference/employment checks) but our expectations are most will have little to no credit history.

I have three and have made great use of them, but I need to get rid of one of them that I don't use much anymore due to having to start working a regular job again and I will probably need to pay the 2014 maintainance fee and the transfer fee to entice someone into taking it off my hands.

Managing a rehab and turn around has a bunch of risk from outside of the country and is hard enough when you are local for a multifamily project.You can still find a few but will likely used hard money with high debt service and points while stabilizing to 90 to 100% and then selling off or refinancing in 18 to 24 months to a regular loan.

No proof of payment, no audit trail for source of funds, large transactions on a regular basis, not good for them or you.No credit history of mortgage payments to date, like I said, a lender will not take your word for it as you benefit from the loan proceeds......like, yes, they paid me before payments were due, greatest people I've ever dealt with, now,  please give them a loan so I can get my money :)Don't know what other deposits you make, but if you've been dumping more than a grand in as a lump sum for months and that was not customary for your account your bank may be doing (should be) doing "large cash transaction reports" with each deposit.I'd be giving my bank a call, explain you've been depositing seller financed note payments and that you were paid in cash, I'd explain the "ignorance" of the matter and ask for guidance.

Hello,

I have been actively looking in Northern CA, and obviously deals- which are really hard these days. However, I notice that the RE Websites show these properties are just there for months and I tal...

That will give you a chance to chat with other regular members to what their experience is.

The one you have may not be monitored as often.

There is also the benefit that I use the same tradesmen regularly and start to get preferential treatment.