For example, if you had $100k in liquid assets with a credit score over 700 you could potentially get a line of credit up to $500k.   12 months interest only and the line would always be there and evaluated on a yearly basis

When you replace it in 10 years you can write off the rest of the remaining depreciation and retire the asset to avoid recapture.

@Justin Cohen I'm not a lawyer, but if the loan is in your personal name, and the title is in an LLC, I dont believe your personal assets will be protected if things go bad.

I called a bunch of attorney yesterday, one of them suggest to great asset protection trust, anyone suggest it?

Try to avoid a new investor's mistake by going to then bank and qualify for investment loans, laying all of our assets on the line just to get the privilege of becoming a landlord.

LLC separates your business asset from a personal asset.

@John Lenhart, The only hack available for that would be if the property you are purchasing is in a single member single asset LLC. 

I would urge you to not get too caught up in the hype about investing in one particular asset type - multifamily, mobile home parks, self storage or cabins. 

We use MRI resident check software.

Do you have enough liquid assets to cover you in case something goes wrong (like an air conditioner or a bad roof)?