If you're borrowing from your personal residence HELOC to then go ahead and loan it to your LLC, then make sure that your loan to the LLC is properly documented, otherwise IRS will look at it as a capital contribution.

The mortgage wouldn't come close to what I pay for rent, so I figure that regardless of issues I may have woth vacancies I will come out ahead.

I want to go ahead and rehab some units but need to factor the increases to my spending on the units.

Since others mentioned that I'm lucky he is working with me In the first place being a VA loan buyer and since I hit this latest snag and we were supposed to close this week, I went ahead and told him I would split that cost as an incentive to see this process through since there is now going to be hopefully just a delay. 

Just wondering if she might be ahead of the actual filing.

Some great responses, the tone im getting from everyone here is just stay blind, deaf, and dumb to the issue.I only ask here because iv had three separate instances where im sitting in my patrol vehicle and someone comes up and asks (why are you watching this place?

Sounds like you should come out ahead!

You're ahead of the game and are well on your way.

Allowing a tenant to get 2+ months ahead of you on rent is too much, although I see it all of the time from other PM's.

I decided to postpone graduating from college until I myself could afford it without going down the route of student loans and I believe real estate is the vehicle to achieve those finances.