I'd hate to think that one employee speaks for the entirety of a company.

Life insurance for the entirety of one's life isn't usually necessary.

@Alex ShaughnessyI'd assume that the investor would want 7% back on the entirety of their investment regardless of the time you borrowed it otherwise they'd see better returns on 100k in the stock market than $583 if the stock went up 7% in a month.

I thought the option fee is the assignment fee so it goes to the wholesaler in its entirety but you mentioned that it can go towards closing costs, can you explain that a little more?

Around the time that we purchase the SFR my wife will most likely cut back to part-time, or quit working altogether, leaving me working my full-time job as well as having a paid-for duplex/multi with the majority/entirety of our SFR paid for as well.  

@Cj McDougal, even if you move in you'll have to recapture depreciation on the entirety as well as 2/3rds of the gain as @Frank Chin said.  

I am a 24-year-old aspiring investor in a relatively small market (the entirety of Spokane County has less than 500,000 residents).

Which means, if you're wrong you don't just lose your original investment, you're on the hook for entirety of the loan.Anyway, not advocating a "yes" or "no" just tossing out some perspective.

You should really consult an attorney and CPA in FL and CA to get the entirety of information one would need when engaging in such an endeavor.  

Pay the HELOC off in it's entirety , via doing a Cash-Out refinance I currently Have a $20,000 HELOC on my Primary  ( opened it , as of March of this Year ) I have $13,000 left , and am planning to use the remaining $13,000 for the Downpayment on an Investment Property ( at 15% down ) in the  $50,000 - $60,000 range , with around $4,000 - $6,000 left over for repairs and Upgrades  ( me doing most of the work/labor )My 2 questions are:1.