Hello JeffMy HELOC will be for full purchase of my rental property mortgage free. 

I have a full-time job and would like to invest in my first property in the next year.

Direct expenses can be deducted in full (such as advertising and tenant screening), while indirect expenses have to be split proportionally between personal and business use (such as utilities, insurance, etc.). 

I am hoping to negotiate the price down a little but to keep things conservative I estimated a down payment of 20% on the full asking price.

#3 I signed a 6 month rent guarantee with this TK/PM company and when I made mention of this they said yes you're right if no rent is paid by end of month we will definitely pay you full rent(Why wouldn't they make me whole on the 15th and try and collect from the tenant to reimburse themselves?)

Giant, bureaucratic corporate behemoth must have SOME human being with actual knowledge and the willingness to disperse it, right? 

VA IRRRL will have the lowest rate on a VA loan simply because they are the cheapest to originate... no appraisal, no income calc, etc, these are as close to no doc loans as you can get in 2018, and it's still a VA loan backed by the full faith and credit of the US Gov't, meaning close zero risk for the lender. 

If it came to light and a complaint was filed, I'd almost certainly be subject to penalties from the state, including fines, suspension or license revocation.Not to mention that the full commission is pre-negotiated before listing the property - it's part of the listing contract. 

Last year i had two full turns at one of my buildings and had to replace an air conditioner.

Full disclosure, I'm in Des Moines and pretty well vested as I moved here 4.5 years ago and we have a nice little portfolio of real estate.Your question really got me thinking and I've been researching the population growth, and specifically contributors of immigration the last hour or so.