Vetting tenants is essentially the same as regular tenants, but expect lower credit scrores, bankruptcies, etc.  

Typically HELOC lenders don't escrow since they're often set up to be in 2nd and rely on the first to check tax/ins more regularly.

Money left in the account that isn't needed to regular bills and expenses, remains in the HELOC and compounds the savings benefits.

Practice regularly so your muscles are strong and fast.

I'm hoping some of these EXPENSES will reduce my taxable income for 2024.I know there are rebates and TAX CREDITS for investing in Solar Panels.

Those three tithes combined resulted in an ~23% giving rate not 10%...each is 10% with two of them annually and the third every three years.So all that said, Christians ought to give from the heart (2 Cor. 9:7), regularly (1 Cor 16:2) and if you struggle with the amount pray and consider what is placed upon your heart (James 1:5).

He talks about how you can purchase a rental property, manage it as a short term rental during the year you acquire it, do a cost segregation study, use those "losses" to significantly reduce your taxable income that year, and then turn the property into a long term rental in the following year. 

You are able to do so as a regular private citizen.

None of my regular investor clients will buy in Mesquite for years now. 

My intention was to minimize my reported taxable income after taking expenses against the earnings through the LLC.