Hit me up if you ever want to chat REI in maine. i called the hard money firm you recommended to me on my recent posr, (milk street capital) I may pursue them!

It's true that earlier in the game the lower reviews make more of an impact, but over time the law of averages takes over.  

Jeff Phillips comes down to risk.If you take a HELOC and something we’re to happen and you could not pay then you lose your primary residenceIf you get a regular loan and you cannot pay your not paying on that 2nd home and they take that but not your primary residenceCheck with an accountant as well as I believe with the new tax law you cannot deduct a heloc if it is not used to improve your primary residence

My in laws whole family is from the New Orleans-kenner area.

@William Shea If you're interested in being a landlord, the single most important thing you can do is to study up on the WILDLY tenant-friendly laws in this state.  

Or does it skirt the law? 

I'd recommend discussing the risks with an attorney and at the very least having a plan in place to deal with the worst issues that could arise with leasing your primary residence short term.Be sure to provide proper notice (probably 1 month in advance of the lease end date, but check your state laws about proper notice) for them to leave and it would be a good idea for you to have a neighbor check to confirm they are moving out in the days prior to your returning.

Just got a quote from the RE agents recommended law firm and I’m looking at nearly 3500 in closing costs, more than half of which go to the attorneys office!

@Edward OchanasHello Edward Ochanas,The Company’s books and records are available to you and all investors and are prepared and reviewed twice a year by Van Duyne & Bruno CPAs - a specialist regional certified public accounting firm with a real estate specialty practice and concentration.

I am new and firmly in the education stage of my future real estate career I have read some great books and have been listening to the pod casts non stop.