Unfortunately, Texas has a law prohibiting HELOCs on rental properties and I believe they also have a 70-75% max total loans allowed on the property which cuts into the equity I've built and would only allow for me to access 30K which would make it less appealing to go through the process for only 30K.

You are prohibited from using the property personally; it must be a rental. 

Additionally, educate yourself on disqualified persons and prohibited transactions.  

I would appreciate it if you could please contact me directly, since I believe that BP rules prohibit posting recommendations of this sort on the website.

Study disqualified parties and prohibited transactions.  

I believe the CAR form prohibits assignment, so without seller agreement you probably can't.  

that you in advance for your assistance,John Hi John,I tried to send you his contact here but I think it's blocked and I got a notice that posting contact details is prohibited.

You just collected too little rent.Besides the fact that the transactions costs to convert to cash (which my bank prefers) are prohibitive. 

So if someone tells you, it does not matter about liens behind you - it does.There’s one more ; the borrower has increased debt service and when it either turns negative or leaves nothing “in their pocket” they may lose interest in the property, decide to stop paying all mortgages, and put whatever income they can into their pocket until they lose the property to foreclosure or one of the lenders obtains a court order prohibiting such.   

In general, if there's nothing in zoning or the deed restrictions prohibiting the division of the property, it's mostly just getting it resurveyed and presenting the new subdivisions to the local government (county usually) to have each lot recorded as separate parcels.