With regard to the HELOC, I would refer you to another post that I just posted in BP Forums at this link here  https://bit.ly/3eW6jC0.

Here is an article that references it:  https://www.dlapiper.com/en/us...And I would just combine notification with a new lease as well....no need to overcomplicate the situation at that point.

Short-term typically refers to "less than 30 days" which is more like an AirBnB situation.

Since the LLC for a rental is predominantly used for asset protection, we always refer out to attorneys to form the entity.

That is nuts...did you screen him for credit/income/references and all that?

Hi we are putting a turn key property in  Roseville  (N of Detroit) under contract and need to get a good home inspection done.any referrals would be fantastic!Thanks Kevin and Beth

@Rick Martin when you say "....I could take my gain and invest it into a real estate syndication" do you mean invest alongside the syndication in a TIC structure or are you referring to a DST?

The 10 year period you are referring to is for Structural, not cosmetic. here is a link to NJ DCA consumer information on New Home Warranty: https://www.nj.gov/dca/divisio...

We are living in a time when consumers have the greatest access to research, reviews and reference information to look up who or what is best in literally seconds, and our society promotes doing this non-stop.

It's referred to as a debt service coverage ratio loan.