This locks in your monthly expenses, versus  HELOC that is variable, and matches well to the long term hold of the rental.I use HELOCs for shorter term capital needs, i.e. flips, or even possibly the acquisition and renovation of a rental, but always with the belief that I will have it paid off in under a year, typically 6 months.  

Hello Ronald, Consider checking out central Florida as well.

@Ana BejarIt appears you have a substantial portfolio, well done.

Im not ready to jump in yet but I want to be well versed when i am ready.

I recently came across Saskatoon Cabinets and was impressed by their kitchen cabinet renovations and they do custom cabinets as well.

I would probably do the sites, and then try and drive my own traffic as well.

In order to foreclose in a judicial state it must go through the courts and you can easily file a response to the complaint showing the lien is not valid.In non judicial states it would be the same thing, you could respond to the trustee saying lien is not valid and they would have to provide proof of the original note you signed and notarized as well as the recorded deed of trust. 

@Mark Ainley I'm considering Chicago as a new market (for me) as well and would love a link to your podcast and / or article as well!

I recently came across Saskatoon Cabinets and was impressed by their kitchen cabinet renovations and they do custom cabinets as well.

Well Molly, that is Hennepin County for you.