And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on your first few deals.Best of luck to you and I look forward to following your journey!

Then raised it 5% annually after that .

@John Lee It starts at 63% then bumps to 100% after you do a certain amount of business (resetting annually), depending on the location.

@Michael NewmanIf you don’t have cash reserves you can screw yourself real quick ~ however if you have good credit and a high income you can get by wIthout having to have a pile of money sitting in a savings account waiting for toilets to break .

So...Yesterday I had my termite guy do an annual inspection. 

Because it is your credit on the line, you should designate the accountant/bookkeeper/servicer to collect rents and make payment to your mortgagee.

Talking to a lawyer or accountant about the future tenant paperwork?

If self employed, make them show tax returns and bank account history. 

Hi, I'm looking to access the equity of my 10 mortgage-free SFH rentalsI know that I can set up a HELOC for each home, but that will give me 10 different HELOC accounts to manage, which would be a PITAAre there any alternatives I should consider?

How is that particular account titled and how is it listed on the balance sheet?