You might be faced with the possibility, after purchasing  the property, of having an inspector come out, either during precon or during, or even after, then noticing the power lines, and being like "Whoops! 

Then they will sell you a 5 year warranty for 10% of the discounted rate.

I and then Brian might be more involved with the writing of vol.

However, my concern is:  would my parents be committing fraud by getting a HELOC, and then turning their primary into a rental just a few months later? 

Should you know how to do this first, then look to find places or jump head first? 

We did not fund the last few million of the raise, so we are allowing the final slots to come in at up to 20% APR, fixed annual simple deferred return (deferred means you get all of your interest earnings at the end when we repay your principal – and that happens when we finish building and then sell the apartment complex).This asset is our safest MF asset, in my opinion, BECAUSE the project is backed not just by our equity in the apartments – but by our equity in the entire 54-acre land development.

Quote from @Kyle Peters: One of the ways to make money in real estate is to buy an asset that has been neglected and then turn it around.

Do you really want to be checking to see if your tenants pay every two weeks, then if they are late with one payment but make one you have to go back and carefully show them how they missed a payment. 

They either quoted or tagged me to start something, and then when I responded to them, they tried to gaslight me as if I was the one who sought them out.

He received his 60 day notice at the end of June and then delivered his rent check on July 1.