That's why we require clients to spend a couple days with us in Milwaukee up front, so we can get on the same page and determine an asset quality.Hint: the hood looks much better on a spreadsheet than up close in person.

The market in the area is dynamic and continually changing.

So I was just wanting to get opinions on the best way to leverage the equity and heloc I have? 

I also suspect the vast majority of lenders will take exception to your mom being the 1st position lien (look up strategic default).

More than likely you would need to give up around 70-80% of equity and own a minority - some deals would allows you to buy it back at a set price as well. 

Quote from @Nicole Heasley Beitenman: I'm coming up on my first year of operating an MTR.

Like the way you’re thinking outside the box!

They were referrals and the business started to grow simply because I had a competent team that was responsive and looked out for the owners' best interests.

I have heard so many people getting charged the "fees" for signing up for a free CD.

@Stuart Udis has hit the nail on the head.