In the event the the Home Equity Line of Credit does not work out, let's talk - I may be able to offer other solutions!

One day a came by, unexpectedly, and found the tenant and his friends smoking marijuana.

@Robert Obniski Go to Tile Outlet.

I was doing a quick walk through when I notice an orange heavy duty power cord stretched through the fence and into the external outlet.

You may need extra cash for vacancies, evictions, unexpected repairs or unpaid tenant utilities—just to name a few.I’m organized.

Check with a CPA to make sure that this capital gain, which you wouldn't have otherwise realized, doesn't affect your 1040 or Schedule D in an unexpectedly adverse way.

And we both can be careful that we are well capitalized with equity and cash reserves to overcome unexpected short term anomalies.If your potential tenant has a bad historic credit record, you won't likely rent to them because they will not likely result in the cash flow you seek.

I think there's a HUGE benefit to having that option with a 30 year note vs a 15 year note as several people have already mentioned here, the bank normally doesn't mind one bit if you want to send an extra $100, $500, $5000 or whatever per month along with your normal payment due on that 30 year note, so you can effectively pay it off in 15 years or whatever term you choose and what often makes me shudder when I read some investors or would be investors "plans" is especially in an area like Milwaukee (or any city/metro with a lot of older housing stock) when they're talking about the places with what look to be excellent cash flow #s with an exceptionally low buy in price when compared to real estate in other areas is those properties are almost always going to be OLD housing stock and the part that makes me shudder is how cavalier some of the attitudes are towards unexpected major expenses that may come up over a period of 15 years. 

See if the present at functions as a subject matter expert, look them up on LinkedIn or other social media outlets to check for reviews, education and experience.

Upstairs there is two bedrooms and one small bathroom (probably a total of 10ish outlets)5.