- There are so many fees/costs and restrictions to consider.

I do have free access to tax delinquencies and legal notices, but just looking to expand my options.

If asking for a second home mortgage lenders will have a minimum distance restriction.

Nobody can argue the legality closing on the house yourself and reselling, but that take a lot of benefits of wholesaling right off the top.

I'm not sure what the marijuana laws are where you're at, but here we have a lot of people that want to open medical marijuana dispensaries, but most landlords don't want to lease to them because it's such a grey area legally.

As a reminder for any other readers, the 50% rule applies to gross rents and accounts for all expenses like management fees, taxes, insurance, vacancy, maintenance, Capex, utilities, water, legal, yard, etc..You should only use the 50% rule for a quick analysis and a true historical picture of expenses on a property is preferred.

I guess it would be "possible" but there will be a LOT of restrictions to this type of a loan. 

Marathon is popular, because the city has allowed an explosion of legal short term rentals (min 7 days).  

Also, i usually will add it to the OPTION agreement (not the rental agreement)  that the tenant will pay anything up to $X  maybe more like $2500 in this price range or all of it - however you can't MAKE them do the repairs as they are still a tenant - but you can put in there that if they don't do the repairs and you need to do them that you will add the expense to the purchase price plus a certain % return (make sure it is a legal rate) - or some of my friend will do the repair but the stipulation is it voids the option agreement - I personally think that is too harsh and unfair so I lease option by adding it to their purchase later should a repair be needed and they can't afford it. 

My question is,  are there rules, regulations, qualifications or RESTRICTIONS on using a line of credit on a commercial property to purchase other properties?