It's worked well for us and we've both learned a lot from each other and the experience that I think has accelerated our learning curve and ability to move quickly. 

@Andy D.yes have tenants send you pictures of their utility bills- if you explain to them the purpose of why you are having MassSave come by and its helpful to them since they bring in LED lights, which will last and not burn out quickly 

As long as you have a plan to pay that HELOC off quickly that is the key. 

If you have reasonable vendors that allow you to get things done for a good price and quickly, then it probably doesn't add a lot of headache.

Received our first rent check. Feels good. I have certain amounts that i want to divy up to go towards future expenses (capex etc). We also set up a competely separate account for the house. Do we leave that excess in...

Hell no...... this was a minor issue that was quickly addressed.

This is my first deal review request, so please forgive any mistakes or dumb things you're about to see.I'm a SFR investor, but multi looks promising. 

Here are three examples:I used a mortgage firm with very low fees, but when I tried to cashout refi quickly for upcoming auctions, they were terribly slow and I missed three auctions - so it cost me a fortune in lost deals.

Then simply quick sale the first one before close.

They then take those notes and package them with others from similar purchases and sell them along with their analysis to private investment funds.This leaves 45 notes from a package of 1,000 that three professional investment funds, doing intensive analysis by highly trained MBAs, have determined cannot yield even a minimal investment return.These are then offered to the individual investor, who according to those in the industry “with something to sell” (the leftover NPNs and/or “training”) can profit enormously by (1) making them re-performing notes or (2) foreclosing and selling the property for large profits.The pitch from those “with something to sell” is twofold: (1) “There is plenty of meat left on the bone” (actual quote), and (2) if you send the borrower a complete package of all docs, weighing, say, five pounds you will “shock and awe” him into paying on the note.I highly doubt either of these claims have even a micron of validity.The parties with a financial interest in you buying into this will cite isolated instances of great success, never mentioning the all-more-frequent instances of total failure.So at the end of the day the training promoters have collected up to $30,000 per person for their NPN “mentoring”/”coaching” program, the retail asset disposer has made 50% to 100% profit on their inventory, private middlemen have turned a $2,500 investment in a note into $16,000, and my sister-in-law who purchased 5 NPNs over three years ago and has spent large amounts on attorneys, taxes, and brokers has yet to see a penny in return.To paraphrase, if you don’t know who the sucker is in any ultra-high profit promise situation, it’s you.