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?" 

I also invest mainly in Des Moines off you’d ever like to meet up reach out.

My 2 main goals with real estate is to start up a wholesale and rehab business along with acquiring many rental properties to build my passive income.

Spend your energy hating or buy a house to live in while you fix it up;) your choice.

There are basically 3 choices: Bring more money to the table, have the seller drop their price, walk away from the deal.If you offered $X, and it comes in at $X-$50k, that is the seller's problem.

If it's purely/mainly from extra money you've put into it, then that hardly counts, right?

I thoroughly screen all applicants as every landlord should do regardless of lease choice.

I’m looking at becoming a part time realtor along with mainly property management.