The SS facility we own is in a fringe part of town.

I have heard that I need to be on the 'fringes' to get something in the $60-$80.  

The new frontier for SS is the fringe markets where people are moving to. 

So I would spend my time watching "Swamp Loggers" or "Fringe" or posting on BiggerPockets.

It's hard for an out-of-stater to tell the good from the bad, and especially to find promising bargains by nibbling around the fringes of the good areas, getting in the path of progress, etc. 

Driving will tell you what is coming, like if Starbucks and Whole Foods move into "fringe" areas that aren't selling well, that will be a hot market in a year or two.

This entity will let you get all the fringe benefits of a corporation and write off most of your expenses, you may also decide to take a salary out of it for retirement purpose if you want in the future.With that kind of structure you get the best of both world and can adjust every year what passive or active income you get, while maximizing the tax code advantages.With these big concepts in mind, I would encourage you to consult with an asset protection and tax professional that can look holistically at your whole operation to guide you to the right structure.

I guess the part where I struggle is understanding how paying fees, getting a higher interest rate, and not being able to extract 100% equity anyways would end up being a great savings plan.I wonder how much I'd save if I put the costs to even get an HELOC and any incurred during the life of it towards the mortgage instead, aggressively paid it down, and kept my emergency savings fund the same rather than growing it.I imagine there are a few fringe scenarios people can concoct where paying money to use a loan to pay a loan saves money, but not many real world ones.

As I later learned my property was on the fringe of the war zone which later was absorbed into it when the housing bubble burst and my investment further deteriorated.

Some tenants don't want any paper trail because of where their income comes from or some are "on the fringe" and are skeptical of government/banks in general.