They are less so for buy and holds because you will quickly become tapped out again, potentially over leverage your properties, have a portion of your leverage in an adjustable rate loan that will reset when the draw period ends, etc. etc. 

Adjust the terms of Lese/Rent once the current contract runs its course.   

The boiler shuts off when the temperature is 60F or above, also the boiler adjusts the temperature to the outside temperature. 

Rental properties are considered investments not a business.If you don’t have legitimate funds to rollover you will not benefit from self-directed IRA either, the limit for new contributions is only $5,500/yr.

@Pranshu Adavadkar you're right. even though you are negative cash flow, tax benefits and debt pay down will make it a net positive.

In this instance I made a decision, however I am thinking I could save some time and money if I adjust.

Thank you all for your responsesSo just so I got it:it probably wouldn't benefit me to use a HELOC for a rental property as the cash flow wouldn't be substantial enough and I'd have to continually pull from the HELOCEven if I do receive a HELOC for 80k, if I pulled 50k from it, I'd only be responsible for INTEREST ONLY of the 50k I pulledtheir will be closing costsDoes that about sum it up?

Tax benefits is only icing on the cake, not the cake itself.

The biggest benefit to this method is you get to keep your incredibly low primary residence interest rate of probably 4.25%. 

We were saving better than most people in the rat race but nothing special.Now I had to convince her of the benefits of RE investing and time flies.