I'm renewing my LOC on one of my rentals with a local community bank through their commercial banking dept.

I own a few properties in the Los Angeles area with a partner. 

But you said this is a SFH?

Absolutely - that's a great point!

I didn't see a forum for introductions so here's one, for us by us; (Not Sponsored by F.U.B.U)😂     Hey there I'm Ruben, I LOVE what I do every single day; I help Enable people to do what they're Inspired to do and live a more inspiring life.

If you wait for a storm , you will also be waiting for a roofer to do the work . 

I am not a realtor.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

If you are a BP Pro member they may have a lease in their downloads for you.

nice job I grew up flipping land I love that play still fund land flippers to this day is a niche of lending that I have carved out..