But that is just a personal opinion based on personal experience with government tenants in California.

@Tom Gimer  heck of a stretch of an argument…regulating commerce which IS specifically mentioned in the constitution as a government function doesn’t fall under any of those categories. 

Multifamily is the only CRE asset class where the government actively subsidizes the cost of capital via "the agencies" (Freddie / Fannie / HUD). 

If you do opt for a HELOC, I'd consider starting with LA Federal Credit Union and getting a few quotes from other local lenders.

I set aside almost $96K in federal and local taxes, and I needed have to do another complete rehab if I kept the property.My conclusion, at some point, it's worth it to sell.

My husband wants to keep his Nevada state residency to file income tax there (NV doesn't have state income tax) but we would like to file jointly for federal income taxes.On the Utah State tax website it says: "A married couple who files a joint federal return may file separate Utah returns ONLY IF:one spouse is a full-year Utah resident, ANDthe other spouse is a full-year nonresident."

Check out Tennessee Valley Federal Credit Union in Chattanooga for a HELOC.

I am strictly looking at my federal return, nothing to do with state.

I sold what was left and decided that I would never again buy property where the government could lie & turn against you.

Same thing here with discriminating against a private pay applicant because they're not government guaranteed income.