I work with many different capital providers that offer different leverage and cost structures. 

Right now I’m expanding my local network for market analysis and a structured soft start and would love to connect with: • Real estate agents • Wholesalers • Appraisers • Property inspectors • Fix & flip contractors / general contractors • Title companies • Real estate attorneys 📸 Instagram: @immophants_captial If you’re active in the area and open to exchanging insights or exploring future collaboration, feel free to comment or message me.LOVE the market specific niche - by concentrating on limiting criteria you become the EXPERT in your niche ( German nationals investing in NC).  

For small landlords, the goal is simple: every expense tied to a unit, with a clear paper trail.A lot of owners start with a spreadsheet, but the key is structure more than the tool.

You are definitely right about my timing and structure.

Mobile home and RV park improvements typically qualify because they include tangible assets with shorter recovery periods.If structured right, you can often use those deductions to offset both rental and non-passive income, depending on your level of participation.

Quote from @Jaron Walling: @Chris Seveney You mean to tell us a guy from Argos, IN with an incomplete profile, and 3 forum posts doesn't know how to structure a waterfall multi-tiered method for distributing investment proceeds to investors and sponsors, ensuring returns are paid in a specific order based on performance hurdles? 

This is a very workable approach, and you’re thinking about it the right way.I’ve helped clients (and personally structured) deals where home equity from a high-cost market like CA was used as the acquisition capital for Midwest LTRs, then stabilized with long-term financing once the rental is in place.A few practical points from experience:HELOCs work best as a bridge — speed + flexibility — but you want a clear take-out plan (DSCR or conventional) once the property is rented.For small multifamily, make sure you’re stress-testing rates + HELOC draw cost, since carrying both temporarily is common.Lenders vary a lot on HELOC terms (CLTV limits, draw period, variable rate caps), so structure matters more than the headline rate.Indy can work for LTRs, but I’d focus heavily on submarket selection and property management — that will matter more than the city itself.Happy to share what’s worked (and what to watch out for) if helpful.

Columbus continues to grow quickly, and I'm spending a lot of time learning submarkets, deal structures, and what actually works in todays market. 

@Eric Hanfling Glad it was helpful.By “structure, not sell vs hold,” I just mean that once a property makes sense on its own, the question shifts from do I keep it or dump it to how do I hold it.

The problem isn’t the message, it’s that texts have no structure, no priority, and no audit trail.