If borrowed funds from several loans are deposited into an account at different times, the funds from the earliest loan are presumed to be expended first (FIFO concept).If borrowed funds from several debts incurred at the same time are deposited into an account at the same time, the taxpayer can select the order in which the funds are presumed to be deposited into the account.

The concept of 2-4 unit MF’s sounds good in theory however from my research and in the areas I invest in the MF’s tend to attract a lower quality tenant which result in increased maintenance and turnover.

The concept is so simple all you need is a list abs a phon.

The concept remains though - if FEAR is keeping you from making offers, don't let it.

What I don't have, is specific experience relating to brownfield redevelopment (in the $3-6MM range) and engagement/grants/funding under the various strategic and redevelopment programs like OPRA/BFRA and other, more local revitalization programs.I am in the very initial exploratory stages of potentially acquiring a large-ish industrial parcel in the downtown area and have pitched a general concept that the controlling authority likes.

I'm new to the concept of asset based or portfolio LOC's.

I have one personal philosophy "rent money especially when the rent is cheap"I found this meme on some social media platform and hijacked it several months ago but it's very true.Rent MoneyThis may be an oversimplification but it's very true so let me apply this concept to a real live flip.

Appears you skipped over a "step" in your post though, as it seems you're recommending investors DIY manage to learn the ropes, so they can better vett a PMC.We don't disagree with this concept, as many of our clients we work best with, have some DIY management experience before they hired us.

"Rich Dad Poor Dad" taught me the concept, and "Set for Life" taught me how it was possible.

I’m glad you asked the question tho, it is an interesting concept.