I'll third that.

If you have two applicants with scores of 700+ and a third with 550 then you could deny their application because of the person with 550.When I rent to three or  more unrelated people, I require each of them to have a credit score of 650 and make at least 2x the rent for a combined total of 6x the rent.

We don't plan to use more than a third of our HELOC at any one time so our payments should never be outrageous and then we can refinance the property to pay back the HELOC.

@Rich Somers I typically have an electrician and HVAC specialist perform additional inspections.

While I’m confident in its cause, I’m having an air quality test performed next week just as a CYA.This being said, I’ve become concerned.

Only two of the three cabins were rented out - I converted the third cabin to a rental as well.

I'm going to be an agent, but I'm also moving all the pieces into place to purchase my first small multi family in the third or fourth quarter of this year. 

@Bob B.Hi Bob,I would purchase & self-perform the simple roof installation. ~$3000.

I had a third owner (tax lien investor but had purchased the parcel years ago) with Warranty Deed recorded just transfer the deed and  give me the property because he didn't want to deal with sending certified checks to the county for taxes every year. 

If you acquire a third, your 1st LLC does the same thing: forms, capitalizes, and owns the third LLC to own your second rental.