I made a lengthy post on here about using a line of credit in conjunction with the hedge.

The first that that impressed me was the length. I

I described this in some detail in the original (rather lengthy) post.

I had saved this thread for a reason - and after a lengthy conversation with counsel today, felt it necessary to correct or clarify the prior responses with respect to (i) leasing while in default, and (ii) the PTAF Act.First off, it is NOT fraud nor is it illegal for the owner of a property to have an existing lease while in default since the owner still OWNS the property and technically can cure the default anytime up until the title or ownership changes hands.

If the owner does not like you, they are not going to enter a lengthy contractual engagement with you by playing the bank.

Then you have to consider the possibility for an unusual but entirely possible expense like major tenant damage or a lengthy, expensive eviction.

I am trying to help my mother who is in a difficult real estate situation (I apologize for this lengthy email in advance but it is a complex situation).

So when you rely on the law to handle problems, even though the legal system is lengthy, you avoid all the confrontations, yelling, stress, and all that goes with it, because you let the legal paperwork and the courts handle it and not you! 

The debate is heated, lengthy, and on going.

Please bear with me on the length; I just want to provide the right level of detail so you have accurate context.I'm in a decent position to  delve into real estate investment full-time.