HELOCs come with the advantage of being an open-ended line of credit that can be used as a revolving line of credit.

Quote from @Zachary Deal: may be worth just handling all bookings through Airbnb or VRBO to add some level of protectionIf booking outside these platforms, we use KeyCheck to run background and credit checks on tenants, but we may switch to Rent Redi as they collect the tenant's photo ID for you as well. 

Is there a way for a small landlord - 20 units, to report late rents to the major credit bureaus?

While looking for a property you could put it in a high-yield savings account that gets you 3 to 4% so that it's not sitting stagnant losing value due to inflation.

Some people are not familiar with regulations I would use AI to research and give me an output. 4: Create an accounting page so investors can see how much there portfolio is worth, profit, expenses, etc.

That almost defeats the purpose of trying to attain wealth.Regarding having a small business, you may be eligible for different types of retirement accounts, deductibility of health insurance and other things.New Jersey also has a complex tax system - It may be worth while to work with a CPA in the tri-state area.

Or partner with a credit counselor. 

What was the borrowers credit score? 

Account ClosedWhere in California will you be? 

They tend to have lower credit scores or other issues.