Additionally, item (2) in the estoppel states that the existing lease is maintained in full force, and the tenant write "N/A" to any modification, exceptions, etc...Its my understanding I'm required to uphold the lease terms.Any advise is helpful!

It's understandable, considering the awkward IRS (and Congress) language.HELOC is no longer deductible as a personal (Sch A) itemized deduction, unless used for improving you own home.However, the tax reform did not change the old rules that allowed deducting interest used for acquisition of business assets (Sch C), including rental properties (Sch E), regardless of the source of the money.One catch though: the money must be traceable to the purchase.

Those two items would fit perfectly under the "vote" feature. 

TIC's also are limited in quantity of investors to 35  and you might have a few meetings to discuss major repairs and there will inevitably be a capital call every so often because of extraordinary items. 

The Plumber who supplies and installs items that need replacing?

Open Excel, write the material name and item# and cost.

We cc our handyman on all emails coming into that alias email so he's in the loop> he has authorization to proceed with scheduling for items like a leaky toilet, garbage disposal, irrigation leak, etc. 

I think you will also owe them annual tax document should they choose to itemize.

And I'm not too proud to ask for advice, so here I am :) I do have hardlined "principles" for denial for some items like felonies, evictions, and income, but credit is a gray area for me.Anyway, I have an applicant that I get a good gut feel from, has no criminal history, has no evictions, and the pay stub indicates the income is 4.5x the monthly rent.

For purposes of this subparagraph, in the case of an S corporation, an allocable share shall be the share holder’s pro rata share of an item.