It is either rented or it's not and when it's not it can quickly become a financial alligator.I would be surprised if a duplex in Lansing was more expensive than a single family house in Maine.As far as managing from a distance without a property manager, I would not advise it personally.

Online auctions such as auction.com or hubzu.com or even in person auctions. 

Business credit & personal savings How did you add value to the deal?

You're the only member and the activity of the property is reported on your personal tax return. 

I also prefer closing in person but it's getting rare.

Would the trust protect my personal assets just the same?

I personally have bought notes from two different HMLs on BP, and have had all interest paid, and all capital returned on loans that have reached maturity so far. 

Hey Byron,So the advantage of doing Refi compared to a HELOC is that the heloc is personally backed to some degree while a DSCR refi is backed by the (hopefully) cash-flowing asset.

@Olu Efunwoye I personally wouldn't pay for this, $40k for a coach? 

was thinking of letting them know I leg rent more than a certain amount here in California unless that person decided to move out and one of their other not on the contract tenants signed a new lease at the higher rate?