Bank security is pretty f'ing high. 

@Ramon Mota  It's really the same as a normal RE transaction except you provide the financing and not a bank.The buyer gets title and ownership and you place a lien on the property, securing your interest. 

.), fencing and security systems, and numerous other factors. 

Make sure that you issue your notice with an expiry date corresponding to their rent due date.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

In either case, you want to pay off the HELOC as quickly as possible to secure your equity in the property and recycle the capital.

It's the second biggest cronyism in US history, even social security isn't as bad as all that.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I currently own my SFR here in Phoenix and plan on renting that out once I secure a MF.

Do all the homes have security doors and bars on the windows?