But the LOC can be "called" under certain circumstances; usually, if the collateral's value has diminished to the point where it's less than the amount of the original CLTV a lender will be at risk so call becomes more likely.You will find that you can get a break on the interest rate if you allow for the bank to auto-draft from a checking account that is with the same bank; if you don't already have checking there, makes sense to open one and keep some minimal funds there to cover loan payments.As to your example in the OP, let's use the following: $650k appraisal, $413K loan balance, 90% CLTV.

I’m not looking to get rich quick, but want to learn as much as I can and take baby steps into investing in real estate while minimizing my risks.

Here are my parameters:$100k cash to invest into CRE.Monthly cash flow I can allocate to this investment: $3000-$4000Buy power: Excellent credit, and minimal obligations currently (no mortgage as of right now)Targets: Would entertain retail space, medical office space, or multi-family.Willing to: Make upgrades and improvements to the property (family has access to trades/contractors), and I'm willing to self-manage as long as it's in Houston area.Goals: Positive monthly cash flow >$500/month, an investment/location that will appreciate over time, already leased would be a plus.So with the above parameters what would you suggest?

I have put out 25 and received minimal responses.

Since you are the one signing the documents, the liability protection is probably minimal.

I have a VA loan that I can use to get me in a deal with zero down & minimal costs provided the property is of standard - OR - I could use that VA loan to do the cash out refi.

I was thinking of an actual partnership, in which two partners are active, you pay yourself some minimal salary as a full time employee and then the rest is paid via quartlery dividends when paying yourself.

I try hard to minimize that holding time, like you!

Go into the archieves and select the control material that is available and use it; this will minimize mistakes, inspection forms, cost control forms are also available.

Minimize expenses or do not include them at all and show dream like returns that will never happen.2.