Hi Javier, I've done a few deals in PR and honestly it's a long arduous process. 

Traffic Master has been around for a long time and I am sure that they would be willing to honor the warranty.

Hey Dick, What terms are they offering you?

My partner and I live in Long Island, both in our mid and late 20s, and we work in tech.

Going over your numbers, have you considered a long term rental instead?

Strong loan approval or loan commitment.

just be cautious when it comes to using these. ensure you've got a plan to pay that balance back in a relatively quick fashion as most HELOC rates can fluctuate which could make the numbers suddenly not work. i've leveraged mine in instances where i'm doing a BRRR and i want the deposit for a private money loan. i'm not using it as my downpayment and leaving it out there for a long period of time. 

Long term that isn’t sustainable.

I want to make sure I form it correctly to avoid any headaches in the long term.

And you need to take care of more basic things first, otherwise slapping an LLC on top isn't going to help.Note: Asset Protection Onion Diagram - what, when, and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2 e.