I think we may be in for a bit of an extended slump with oil prices not particularly going up. 

@Johann JellsA self-locking door set is a door set just like a passage door set or {manually} locking door set, only the "outside" knob is always locked.A dead-latch looks like a dead bolt from the outside, on the inside it either has a strike akin to a door set; a receiver mechanism which allows the extended bolt to slid into place (a one-way latch) or an electronic mechanism.Powered deadbolts - one where the lock powers the bolt into place or retracts it - are problematic if you have a building which shifts with the seasons as they need to remain perfectly aligned to operate.  

The benefits are extended to sole props, meaning you can report on Sch E and still claim the same benefits as someone reporting on Form 1065 or Form 1120-S.Our firm threw together a document that analyzes the final tax bill for RE investors: https://docs.google.com/document/d/1wXgWAnxAvPcUVK2a8Ixlqvpts6pirkDZ49Jba5Cmzwc/edit?

Suggest.Lendinghome         SF basedLima one         North Carolina basedvisio       Austin Texasalso check with seller do you think you could beef up the payback terms and have him stay in play.pay him the points to extend that you would pay another lenderOh and try Peak in KC  they are private.Also check around WI to local private lenders.if you can't get a fannie Freddie product your going to pay higher rates that's a given.

If they had renter's insurance, their insurance will likely pay for them to be put up in a long term rental place like Extended Stay or something.

I try to watch that movie once a year with family and extended family.

I think your point is well taken, but needs to be extended further to investors who may use a home equity loan to fund investment property.

:Go check out those Morris houses lol Oh man...dont want to open pandora's box...do I need to extend my stay?

The current tenants are refusing to allow new potential tenants to view before they move out, citing it is "too stressful" (in violation of their lease), as well as now citing unreported repairs, so it looks like there might be an extended vacancy time due to this as well. 

Especially if you have had issues with over extended credit, I think the equity line would be a horrible idea.