So you could give them a 30-day notice that you are taking the garage back, but I think that's bad practice.

These are boiler plate loan agreements that are consistent with the loans underwriting requirements.

Larger, nicer homes tend to be more expensive to maintain and harder to rent consistently due to high turnover costs.4.What are your other sources of income?

Not sure the rules in NY real estate, but it's best practice to interview multiple brokers and understand what you are getting yourself into beforehand. 

Loopnet any deal older than 12 months, Tax GIS consistently late or 6 months past due, any property that changed hands thru probate after 12 months, Texas property tax sales land only not at auction just offlist properties, etc7.

If the awnser is better systems, what would be a practical way to resolve a situation like this.

Most fields to become world class at something take 5 to 10 years of consistent work and improvement on a daily basis.Today about 21 years in with commercial real estate I have tons of business and also properties I can purchase.

I see the value in generating consistent cash flow and building long-term equity through this strategy.Available Capital: I currently have 100k available to invest.

New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one of the many situations one might find themselves in.In this scenario I wanted to ask if a HELOC on either your primary or an existing rental property out of 4 total properties would be a viable strategy for acquiring practically " turn-key " Multi-Family rentals?

@Randy AchiTo start flipping houses, learn fundamentals through books, podcasts, and online courses, build a network, start small, and practice repairs.