Would like to refund myself the $50k with low interest rate HELOC and collect the spread between the land contract payment and my HELOC payment.

If yes, do you have a long-term tenant in place and for how long have you been collecting rent?

It's just like Landlords that complain about bad tenants but never take ownership of their screening process (or lack thereof).A lot of property managers are amateurs that sucked at sales and decided to collect rent for an "easy" paycheck.

Then I run credit report and see they both have multiple accounts that went to collection (mostly medical bills) and the man has 2 convictions in 2015, class C misdemeanor for possession of drugs and driving while license invalid.

Once I retire (whether at 52 or 62), I'll know how much money I have, move it to bonds/cash/HYSA, collect SS, pay off the house(s), and live a decent life.

I collect about a half month deposit and have them sign the lease.

Seller made roughly 20% extra for waiting 2 months to collect his money and I made 400% on my cash investment.

Seller made roughly 20% extra for waiting 2 months to collect his money and I made 400% on my cash investment.

Or wrap a mortgage and collect the spread?

“This is incredibly timely, given our collective commitment and my personal commitment to addressing homelessness and housing in our city,” Councilwoman Nikki Fortunato Bas, one of the ordinance’s sponsors, said during Tuesday’s council meeting.Currently, background checks are a standard part of applying for rental housing, and applicants with a criminal record often are denied.