If you make a larger improvement or repair, keep the receipts and get the 1099 if necessary.

And I am also part of 2 mastermind groups that are also supper supportive and helpful when it comes to improving myself as a real estate investor. 

For example, it might be advisable to use the HELOC to deposit into your personal account and then do a contribution to the entity account, and then do the purchase or improvement - instead of just writing the HELOC check for the purchase/improvement directly.Definitely something to consult with your attorney or accountant about (I am neither).

Any other rents/funds I spend on the items that may not be approved, like expenses that could be considered improvements etc. 

Sellers want to wait thinking the situation will improve back to normal.

Scott Gottlieb, former head of the FDA, to companies in the NYSE.US will soon have massive testing capacityConfirmed cases will grow exponentially now that testing is finally getting rolled outDon't be surprised to see 1000 confirmed cases in a dayBy the end of April to early May, it will start to plateau (depending on containment behaviors that we are currently living)Schools will be closed for this school yearThe summer heat in the northern hemisphere will help to contain the spread, although it will continue to existEvery reason to believe that the southern hemisphere will experience rapid spread as the weather cools (expect continued travel restrictions)The risk posture will improve in the Fall with the following:Point of care diagnostic (local swab testing everywhere - will allow early detection)Therapeutic antiviral drugs will be available (not a vaccine)Monthly injections of an antibody will be available (not sure what this is), particularly for medical workers and members of nursing homesThe testing capabilities that are getting put in place will provide a massive surveillance system to provide early detection until a vaccine is in placeAll of this will make the virus more manageable until we have a vaccineThe virus is very contagious (more than the flu)10x more deadly than the fluEven without death, the hospitalization rate (15%) and critical care rate (5%) are extremely high (we don't have medical capacity without containment)Mortality rate:1% overall4% ages 60-7010% ages 70-8014% ages >801 in 250 to 1 in 550 for some his age (47) - said "that's enormous"He recommended that his parents stay home for a couple of monthsHe also felt that masks should be produced and mandatedThese bullets are subject to my note taking and I am certainly not qualified in this area.

I'm hopeful that we've collectively learned some lessons from those mistakes.I will not be waiting for huge price improvements, but will be trying to pounce on any opportunities as they arise.

The new improved features I love about the streamlined version are ~~ It was modern and fun to fill out.

As painful as this is.. this is a wake up call to buy and hold investors that reserves are a MUST not just something to gloss over.. if you never use them that's great but if you need them you don't have to panic.In one thread a person was talking to their lender.. and the lender said well U should be stacking cash so you can pay your mortgage and you should put off capital improvements..

And seeing that my wife and I will be in our 30's by the time that comes there is still much room for expanding aswell as improvement.