Since HELOCs have adjustable rates they will often catch people off guard when they adjust.

I did it correct on the top of Option 1, then downhill from there :( Thanks for catching that!

Due to this error that codes was not catching for a while some owners/operators are getting hit with this issue and are unfortunately having their permits revoked, by law.

I have been driving for dollars and looking at rentals and have found a couple but still no luck catching an interested party (still trying though). 

It's a bit of a catch-22 situation, and I think the big challenge will be finding the right balance.

But that does not mean they will permit residency in a back building if they catch it.Andy

Catch is you can't own more than 3 properties including your primary when you pull them.

It would serve as a good 'refresher' to determine repair costs/ catch things that you missed in person. 

If you are interested at all in some of the smaller cities, Janesville and Beloit have been catching my attention lately.

Even if I'm under market value, I'll ease up the price through the years to catch up, while hopefully not causing a vacancy.If a tenant moves out, then the asking rent gets moved to market value for the new tenant that we find.There could be rules in your city or county that dictate a maximum percentage increase per year.