Now I'm only getting 3-10 Messages per day.Sometimes people get there and don't like that it's a duplex and they have to share laundry, some don't like that it doesn't have central Air, and some just don't make enough money to qualify or have bad credit.

But enough about philosophy, and on with the tale.In 2008, the stock market had crashed, the credit market had imploded, and the housing market was sliding into the into the toilet.

Would I be required to form a new business account and credit card? 

Just like I think the majority of the human race are good people, most of my tenants are normal, reasonable, good people.In general, I don't think society thinks poorly of landlords and other REIs. 

A little background. 30 years young, credit score of 730, no debt, I have my CA real estate license but haven’t worked under a broker for a few years.

Some don't care about the borrower's income, but put a lot of emphasis on their credit and experience. 

It was not an easy one, since we are in CA and the property is in OH, but we made it through and are looking to take on our next project.Bought: $79,900Initial budget: $65,000Real budget: $97,000 (mismanaged project by initial contractor (and second contractor))ARV: $219,900Improvements:Brand new siding on the second floor (was not in the initial budget)New roof (was not in the initial budget)Sealed and painted the basement - was quite creepy down there beforeOpened the floor plan from the living to the kitchen by widening an existing walkwayMoved the kitchen from one side of the house to the other to capitalize on the stained glass windowsGutted the upstairs bathroom and added really good looking featuresAdded a half bathroom and laundry room downstairs by the entry to the backyardNew ACNew plumbingNew electricOur contractor performed extremely poorly on this job, and I am happy to share a cautious word with anyone who aims to invest in Cincinnati about the team at Kaiker Development and Creative Customs Carpentry.

Even if you got a HELOC off your primary I'd only look for BRRR investments that way you're paying that credit back quickly.    

The lease that the tenants were on was poorly written and has no protection.

As long as I have the money, good credit, and job history getting the loan shouldn't be an issue.