Our association has monthly educational meetings keeping us up to date on local & state law changes. 

My thoughts on the HELOC are that we could use it to renovate our current properties and use the funds to fix up distressed properties in the future(doing BRRR-like activities) and thinking it could be used as a safety net if needed.Should we be doing this HELOC if we are unable to pay it back in full at a later date.

We would be so grateful for any input, experience, or recommendations from homeowners or agents regarding what would be the preferred choice for 1) attracting rental guests in the short term, 2) retaining value for resale and not looking dated in 10 years, 3) protecting ourselves from accidents.  

Everyone you visit take pictures with date/time stamp.  

The other person, I have given a grace period to move out (where they pay $200 /mo. in rent and if all payments are made on time, I give them their rent back by an agreed upon move out date...like cash for keys with more accountability).

Property Address, 2, Property Purchase Price, FICO Score, # of Rentals currently owned, Property Annual Taxes and Insurance, (IF a refinance, estimated value and purchase date), and if you own a primary or not. 5.

People date for years and then all hell breaks loose when they get married and move in together.

During and after COVID I ran into people that had "Vouchers", but it had a 3 or 4 month expiration date. 

We'll even call an employer to verify work dates to see if applicant has a solid 2-year work history.

And, do you have accurate and up-to-date bookkeeping records in place so you have the appropriate data at your fingertips to be able to make strategic decisions for each property?