In light of all of these great discussions, I will also add that I think LOCs and HELOCs can be a great source of "short term funding", but would be hesitant to carry "long term debt" on them because they are both callable and floating.

Personally, i would either get something close to a new light rail stop or something near the new Amazon center. 

Luckily only the door was damaged, but my tenants had some pricey goods stolen (they thanked me for recommending renter's insurance prior to signing the lease).I've done the following to prevent future break-ins: security door, motion lights and a deadbolt on the fence gate.  

For example - the tenant made a request to have 4 repairs made (air filter change, two light bulbs and a reset breaker)- they created a separate work order for each which created 4 separate service call charges and dinged me for .5 hours for EACH call as well.

No cars, no lights at night.

We found a lawn chair, side table, Christmas lights, beer fridge and tv... in the crawl space.

If your investment is 100% at risk, their investment needs to be also.In real estate, the words "Partner" and "Partnership" get bandied about too lightly.

If I can close 1 wholesale deal this month, I would be relieved knowing there is light outside of this Eisenhower tunnel.  

What color would mix well with this brick?

By the 7th unit, I could do the same amount of work in 3 weeks: flooring, tile, kitchen cabinets, granite counters, plumbing fixtures, lighting fixtures, painting, etc.