Helocs must also be calculated in underwriting based on fully exhausted payment meaning even if you only use a portion during the next purchase they underwriter will hit you with the full payment for risk.Cash out on the other hand is a liquid reserve tax free and it only requires (1) mortgage/lien.

So why would someone want to buy it from you for more than they could have bought it directly and pay you a fee?

I've got some questions.What types of leads are these (preforeclosures, tired landlords, tax delinquencies, etc.)?

Presented by Premier Law PLLCAccording to Florida tax regulations, real property without a homestead exemption is eligible for a 10% cap on annual increases in its assessed value for real property tax purposes.

I believe there is a fee to operate a business in Tennessee but would it be worth it to protect myself? 

However, the property does have Property tax lien and HOA lien.

Shawn - I would suggest you develop a pro forma based on the stabilized state of the property to understand if it cash flows once all units are occupied being sure to include all reasonable revenue assumptions (rents, vacancy factor, etc..) as well as expenses (debt payments, maintenance, utilities, property management, taxes, insurance, turnover costs, etc..)

I can also infer a few other items in later points, such as vacation destination, no sales tax, and a commuter state. b.

For my wife and I, we would continue this process until 20% of the dividends exceeded our desired future living expenses, and donate a vast majority towards worthy causes.Lastly, we would also use a tax levered savings vehicle for the long-term “storage” of our money as well.

We will lose the homestead and that will cause a re-assesment and explode our property tax, but it is what it is.