Often, the tenant pays at least half of that amount.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Haha from scared to death purchasing 16k crap duplex and took evert amount of me an my wifes money to get had to literally do everything to get fixed and rented to 18th property in next month 3 years to spending 80k not thinking much of it.

If next year, I decide to 1031 exchange this rental property into either one or two investment properties (equal or more in value) would the amount used to pay off the HELOC be subject to capital gains tax? 

Do you know if there’s an expected amount as far as reserves go?

All to often many companies struggle with how to “implement” and train staff and don’t have the resources or tools to manage the amount of properties in their portfolio and maintain the level of service needed/expected. 

We were able to cash out more than $130,000 on the sale, TEN TIMES the amount that we had originally put in!!!

We were able to cash out more than $130,000 on the sale, TEN TIMES the amount that we had originally put in!!!

Pre-Payment Penalty: If they have one, is it a flat penalty or does it have step down component like 6% of loan amount if paid off in year 1 / 5% if paid of in year 2 / 4% if paid off in year 3 / 3% if paid off in year 4 or is there a loan yield maintenance fee if paid off earlyUse of Funds: What are the funds being used for?

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.