I am using that money to save for a down-payment and after that I will have to use the money coming in from renting it to cover the mortgage.

It’s amusing that you think any money from increasing taxes would go to infrastructure improvements or anything other then failed social programs.

So mostly I am using the model that I read in the ABCs of real estate investing.

I am using the Quicken Rental Property version to track my rental properties.

I also am using a small credit union so that has it pros and cons in this instance I have to wait a lot longer.

We're right in the mix of restaurants, amusement park areas, golf cart rentals, arcades, go-kart tracks, etc. 

I am using Cash that I saved up and some money from my retirement account and a HELOC to do all the renovations.

If you read through all their fine print, you can even figure out what their end game is.After you apply (and provide all your personal info and SSN by the way), they’re going to charge you a 1% fee for “loan processing before the loan can be set aside for disbursement to borrower” (yes I know that’s a little hard to understand but that’s how they typed it).Bottom line, they’re going to try to get money from you up front, but you’ll never get a loan from them.Tips for Avoiding a Scam on BiggerPocketsKyle,  see above in this thread the phishing i am now getting this one from a fake Fatco office.. just an FYI  you might find it interesting or amusing.  

Baxter, I am using Carmela from Cleveland Mortgage, we will be able to lock in that rate once the offer is accepted, she has been great.

@Timothy Hero - yes I am using points to buy down the rates.