For long term buy and hold or MTR/STR check out the Tahoe Reno, NV area.

1) make the payment directly from my HELOC account2) transfer the money from HELOC to business checking account, and then make the payment from my business checking account.

1) make the payment directly from my HELOC account2) transfer the money from HELOC to business checking account, and then make the payment from my business checking account.

Let the lender tell you what they come up with and check it against the redfin calculator.

@Austin Siewert are you DIY managing or checking up on your PMC?

Do you want to build monthly cash flow, stack big checks (flips), smaller checks (wholesale), or tax advantages?

https://www.thimble.com/small-business-insurance/additional-...https://www.propmhomes.com/blog/additionally-insured-v-addit...I plan to circle back with my broker but does this check with what others have heard?

I checked out their website.. they are showing C class and probably some D class rentalsCaution    they want you to get the loan and they are allegedly going to put some cash into these deals up front.. and you as investor get 60% ownership .. you are suppose to refi out in 5 years and pay them their cash plus 40% of the equity.. 

Check out this list of real estate meetups in Chicagoland.

Still recommend checking your local laws.