I am interior designer and home re-modeler.

I’d prob just invest and get 5-8% and not do RE. :)WAIT

Much success with your future investing endeavors! 

Thanks, that's great info to keep in mind re: the seasoning period of HELOC funds in relation to borrowed funds of DSCR!

They need to have something in writing to show proof.

If I can figure out roughly what I can get for it in something more than a 50k spread that I have narrowed it down to at the point of writing this. 

Question -- Even if the loans are still in the seller's name and I'm just writing checks to the bank each month that would still be be liable for UDFI tax?  

Thus, the investment grows like it's sitting in a roth 401k/IRA       Then when you die, your heir gets a step-up in basis, thus eliminating all the prior capital gains over decades, but only up to 13.6 mil this year :(              Debt Funds (like mortgage note investing) can also be very lucrative but I don't know/understand the tax savings/issues in that class yet, still learning :)              Equity REIT investing can give you great siloed real estate exposure in 11 major asset class sub-types, but don't offer the direct tax benefits as direct RE ownership does above, as the REIT gets those benefits when it transacts and as a corporation passes those benefits secondarily/indirectly onwards to us investors as high dividends and gradual stock price appreciation.

You could ask your accountant about options for bonus depreciation or possibly updating the properties in order to receive depreciation deductions or write-offs for repairs, maintenance, etc. 

It gives you flexibility to increase future rents and it gives the tenant security in terms of having the option to stay there.