Hi all,I operate mostly in Texas which is very hot and terms seem to be very seller friendly (quick diligence periods, hard earnest money deposits, etc).

Nevertheless, no matter which app it is, make sure it is user friendly and your tenants agree to use it and the company offers mobile version as well.

Cook County (chicago) is much more tenant friendly from what I have heard then Dupage (Naperville) County. 

She left to sleep at a friend’s house, and when she returned in the morning, her front door was broken into and evidence of fireworks was left in my yard on the grass.

Also, it’s not “Canada” that doesn’t allow damage deposits, it’s the exceptionally tenant friendly / landlord biased province you’ve invested in.

In reality, I’ll be able to rent out one of the two units, and I will live in the other unit with a few friends, so I’ll actually be living for free & positively cash flowing, with a good cushion for potential issues/disasters, but I know that’s not how it’ll appear on paper unfortunately. 

Had a friend recommend this site to me - and I've been on here everyday checking out the forums, listening to Brandon on the podcasts, what a great community here with infinite information!

interesting I will take a stab at it.most would tell you to do the first option.but if you will sleep better do the second one.. and most likely they will just tell you keep making your payments as agreed. as long as you did not fib on your application in other words your employment changed without you knowing in advance.. if you knew in advance you were not going to be employed and they asked you that and you fibbed then that is mortgage fraud.. and the choice 3 would put the file to bed . although depending on who did the mortgage for you they wont like it they have to pay their rebates back and such with that early of payoff.

My current list for friendly HELOC terms is Wells Fargo, TD Bank, TD Ameritrade, and M&T Bank,  Your local regional banks and credit unions are good options as well. 

A friend another  investor I know said he has a run down duplex C- neighborhood similar to property above, I had the cash but no money for rehab he sent me about 50 pictures and told me it was rough..