You may charge for damages caused by the animal, but since it is not a 'pet', a pet addendum doesn't apply.

If I were to purchase a home as a primary residence and live in it for only about a year or two, would I apply the 1% rule to the original amount I purchased the house for or the amount left on the mortgage?

Hi @Travis Evenson, you can have the bank use the rent income from a property you're interested in to apply to your "income," this will lower the debt to income.

Assuming her references check out, if she were applying to your property, would you accept or reject her based on the above information?

My 2 cents. 5% applied to a property with 100% equity = 5% applied to the same property with no equity = 5% applied to the same property with equity somewhere between 0 - 100%.5% applied to higher total property value > 5% applied to a lower total property valueCompounding through leverage increases total property value.So yes, you're correct when you say "math ...works".Have high enough cash flow with or without leverage, and vacancies, etc...are covered.

I've never applied for a HELOC before, but have 2 questions:1. 

I'm currently searching for any employment where I can apply this newfound passion and learn from someone more experienced than myself. 

I could elaborate for hours but it could just end up being gibberish not being applied.  

If your property does not already have a curb cut you will have to go to the city and apply to have a curb cut with a garage on the ground floor.

The walk through runs about $150, which is what it cost me in East Meadow, and would be applied to expeditor fees if you hire him do the paperwork, plans, and more than likely, prepare for public hearings when variances are applied for.