It essentially converts the balance from a HELOC into a home equity loan HEL.

It is essential in investing in real estate that you understand how financing works and how to select the right property to invest in.

So it's essentially a good-as-gold full expense for tax purposes, but it doesn't hurt you on your mortgage application.So make sure your CPA is aware of these things and is not afraid of the home office deduction.Also, if you have a large non-recurring expense this year, this is worth talking through with your lender.Someone like @Chris Mason could probably elaborate.

And so essentially you don’t have the funds at the moment for the fees and closing Cost, you could roll that into your mortgage if the loan permits??

We were saving better than most people in the rat race but nothing special.Now I had to convince her of the benefits of RE investing and time flies. 

This was a very long post, but it would appear that they had an apartment available immediately that you requested they hold at which point they essentially charged you daily rent to do so. 

Wholesaling out of state first you will need to set up a team such as realtors, contractors, investor friendly title co and attorneys and also connecting with local wholesalers is essential.

Imagine coming off a 12-14 hr night shift in the ICU and your tenant emails/texts complaining about a broken toilet paper holder...or how they locked themselves out of the house.I think the two greatest skillsets I could have benefitted from but never got around to are sales, and software/coding.

Benefit to filing separately = debatable but probably not as good as you may think.

You get the same benefits tax-wise when you own in your own name.