I assume that there are ways to accomplish this, outside of owner carry?

Another investor/landlord in my area just sold a group of homes on a land contract or owner carry....not sure exactly what it is called.

This limits accounting issues and also allows you to carry loss-generating properties over to profit-generating properties for potential tax liability mitigation.  2) Hold each property under its own LLC and have every LLC roll up or be owned by a holding company which makes an S Corp election.

For whatever reason certain debts bother me more than others and I just don't like to carry them no matter the financial equation.

FHA allows this even though we might normally not like it but the future rents more than carry the total mortgage payment of about 3112.00 all total each month.

The banker said I couldn't take a LOC out on my current office building because they need me to carry at least 25% of the value before they would give me a LOC.Should I go for it--take out a HELOC on my house to afford the down payment on the second office building, assuming I can get that potential tenant to sign a lease before I make an offer?

Not only will they bring their professional knowledge into play regarding the best return to file, they also carry Errors and Omissions insurance in the even they are wrong.Your HOA's E&O insurance WILL NOT cover you in the event you messed this up because you were not performing a duty that an HOA board member normally performs. 

Are should we carry on as normal?

It always does change and (b.) the amount of debt we carry as a nation will need to be paid and the likely place to get the money is the huge amount of money in 401(k)s and IRA's that is "locked in".

Is that the land owners have a nasty habit of raising the land lease whenever they get a whim,  so you can really get stuck when you can not raise the rent, it does not cover the cost to carry, or even the rent on the units.