Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

This can go on your personal tax return if you are not doing it through a business.How much would one typically (lose) in taxes off the profit you just made.As far as income taxes go, the amount you will owe will depend on your total yearly income and what bracket this additional income falls in. 

If the deal doesn't pencil like this, then you're taking on a heavy layer of additional risk by using the heloc for permanent financing - you basically don't have an exit. 

It affects our DTI (dent to income) ratio, also like a credit card.  

Once we recover, which it appears we will this year in my opinion, how many additional cabins and hotels will be built?  

Short term rental with cost seg study/ accelerated depreciation to offset W2 income.

The answer is usually due to no savings, poor credit score, lower income, etc.

Additionally, Allen county allows you to use the lesser of assessed values based on either the comparable sales, or the income approach.

You might use different strategies to increase the income from the property.

Otherwise, you'll need 2 years of US W2 income.