We shopped a couple of banks (National Penn was/is offering 100% equity on HELOC's) but decided to go with our credit union (PSECU) because they charged zero fees, and paid for the appraisal.

We may from time to time highlight some Properties that are for sale. 

My view is the real issue, as highlighted in the posts, are the mixed use issues which can get tricky, both practically on the compliance time required and philosophically when our rental and personal lives mix (I have a rental by a place the kids do sports and I may stop by to inspect or shovel, (and so on...etc..etc..).. so just disentangling the purpose is tricky sometimes.. much less taking off the gloves to record the miles..

Check out - MEET UP ( REAL ESTATE )National REIA( REALESTATE Invvestors ***) - .Search your state for clubs, Mitch 

@Federico Gutierrez Thanks for highlighting the problems encountered with new acquisition due to burglary, but, I am sure you are thankful it's not worse than realized.Sadly, this is an added cost to business expenses that are often not budgeted for. 

We do it all the time in 60 to 120 days with Steve Bighaus at Security National Mortgage.

@Arthur D. before you make a decision please be sure to read the Fair Housing Laws you cannot deny applicants because of because of race, color, national origin, religion, sex, disability and the presence of children.

From what I have checked so far, the housing value relation to the rents is at the high end nation wide.

Welcome to BP nation

I could use some help for BP nation on a possible deal.Here are the numbersARV $310KAsking price $325kAppraises for $330kArea rents $1150 - $12503/2 2559 sq ft. has a 2 car garage with a second garage added 25 yrs ago to hold an RV and boat.Repairs needed: probably just a new front door and living room hardwood floors redone.