BUT - an important note for your underwriting process is that you'll now have 2 loans on each home - your HELOC and whatever conventional loan you used to pay the remaining 75%.

@Yoni RamrasThe inspection by the lender is done for value, not to make sure the permitted work is satisfied.  

Coops remain affordable for a 2 bedroom where you can get something in the 100k-150k range.

Here is what I always consider:TaxesInsuranceManagementMaintenanceUtilitiesRepairs (reserve for big ticket items)Once you have accounted for those items then see if the terms you get on the loan are less than the remaining funds.  

You can refinance just the one lot by itself to pay us off or sell it.Another option we have done is to re-appraise the part we are keeping and compare that to the remaining loan balance.  

She was declared guilty but appealed to the Circuit court and lost but then appealed to the State Appeals court and the court remained it back to the Commission for further clarification/prosecution. 

Have the remaining tenants sign some form of a Condition of the Premises document stating that they agree to assume responsibility for any additional damages to the property from that point forward; meaning they can't come back at the end of the lease and say "We're not responsible..Bob did that.."

Seller got $25k at closing and the remaining $25k held in escrow.

The properties are in a trust for which i am the trustee/owner, while the mortgage remains in the sellers name.

The downfall to this is that the overall market rate for rentals is essentially capped at the rate of which DoD pays service members for housing here (most single family rentals are in the $800-$1200 range)With this being an active duty base, deployments are going to happen; however, the vast majority of soldiers living in off post housing receive their housing allowance due to being married or with dependents, most of which remain in the area and paying rent while the service member is deployed.