If the lien holder is anything other than an individual investor or very small financial company, the note would be sold as part of a large package of delinquent notes. 

Being in Banking you should have a better idea of where people are more willing to lend and what things to be looking for when presenting lending packages.  

Our in-house attorney is the one who brought the issues up of unlawful utility arrangements, that was my first encounter with the matter.

The pros of a HELOC:Line of credit up to 90%(depending on what bank used) LTV10 year interest only 20 year payback periodIf you pay principle down you can draw on the line as much as you wantLow interest ratesTax benefitCan be refinanced no money out of pocketThe cons of a HELOCBanks may charge 1 time annual feecannot sell property for 2-3 years (depending on bank) otherwise its subject to feesPain to establish (mortgage brokers dont want to do this because they dont get paid much)Just as Joe mentioned, if you prepare all the documents in advanced, banks can give you their preapproval package within 2-3 business days.Please let me know if you need any advice on whom to consider, I have a HELOC myself and did HELOCs for clients oftenBest of luck!

I would expect that they would have some type of a marketing package for you to review. 

Also, the landlord could take away tenant screening and move people in that cannot get into other places.Review the lease packages for proper screening and move-in specials. 

If you are looking to find newbies to sell your deals to or you are selling some type of "coaching package" then these events can be a gold mine.

Others will step it up a notch and provide a "complete package" and really act as a trusted advisor for your business. 

You might encounter new room additions, a newer second floor, as well as old steam heating systems still kicking around.  

Put together a package showing the properties you want to keep as rentals and the potential returns expected.