My experience is that a HELOC is much easier to obtain on a primary residence and challenging to obtain on a rental. 

Or primarily for sufficient capital for down payment and obtaining a new DSCR or alternative qualifying loan for the target acquisition.Although there are alternative income qualification methods for fixed second loans and HELOC's utilizing bank statements and even DSCR rental income, as the lender risk increases, generally so does the borrower's interest rate.

Aloha,The collection agency will file to obtain the judgment if you do not have one already.

When the capital gains are added on both notes purchased at discount and paid off at full face value, and real property appreciation, I obtain my 20% goal, on a very passive participation basis.

For this example, we evaluated the numbers on a monthly basis, however, to obtain the best results, I always recommend evaluating numbers on an annual basis.

If the repairs are not sound I'd get an estimate to fix it and request a price reduction.I may also decide to do nothing- If I find evidence that the modifications were done using permits and passed the city inspection & maybe even obtained occupancy certificates then I would just close on the deal. 

You could see if your landlord would be willing to entertain a bid from someone that you found that is a licensed contractor in your state.Is the replacement assessment based on what the repair person stated, or just what the landlord wants? 

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain. 

The insurance company may cover some or all of the restoration costs.Scope of Work and Budget:Detailed Inspection: Get a comprehensive inspection to identify all areas of damage, including hidden issues like electrical, plumbing, and HVAC systems.Cost Estimation: Obtain detailed cost estimates for the restoration or rebuilding process from licensed contractors experienced in fire-damaged properties.Environmental Hazards:Asbestos and Lead Testing: Older properties may contain asbestos or lead, which can become hazardous after a fire.

Do you know if the property was community property and obtained a basis step-up at death of wife?