It's our choice as the landlord to process payments this way and that causes the delay.

Congratulations,  you are making a great choice!

I'm looking forward to starting this journey but I want to make sure I have all the tools I need to make the right choices and find the best deals in my area.Thank you in advance!

I don't want to occupy mainly because I am content where I am living currently and don't want to move out of New York City. 

There is also some commercial properties (buildings and lots) going up for sale along the main strip since the new BB&T/Truist building is going up where the old bowling alley used to be. 

If you live in a Tenant-friendly state like Oregon, California, Maine, Vermont, or Hawaii, you should seriously consider investing in another state or finding another way to make money with real estate like flips or tax sales.

If you choose to allow someone to transfer their option that is your choice.

I've been toying with the idea of getting into rentals as some more supplemental income, and although I've struggled with the math as far as justification, i believe the main reasons folks here by rentals (please correct if I'm wrong) are: Cashflow (although I've seen people do deals eg on Roofstock for only $100-200/mo) + appreciation (when sold) + taxesSo assuming I'm correct there, then the potential tax benefits are 30% of the reason to do rentals.

By trade, I am an Family Law Attorney; however, Real Estate is my main passion, so I made the switch about a year and half ago.  

My main question was: When I'm looking at numbers (and say I'm targeting a MFU listed around $80k for instance), if I pay for the multi-family unit using a HELOC from my primary residence, do I load that number into my calculations as "cash to close?"