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

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”. 

Selling means giving up an incredibly cheap cost of capital, especially in an appreciating area like 28277.I direct my investors to 28277 all the time for appreciation-focused plays.

Either that, or 0% credit cards combined with the personal loan if you feel that you can liquidate the property before the credit card intro periods expire. 

A partner and I began searching, and after coming up empty for 6 months, we were sent this deal by a close friend and ended up closing a month later.

I found my handyman through my RE Agent. 

They have already called a real estate agent to list on the MLS and when the agent comes over to take the listing, they tell the prospective seller that the dog poop in the living room has got to go.The rot in the bathroom behind the toilet needs to be fixed.

funds only go into interpleader after months of sitting in escrow. the court just does not hand the money to the seller either.. if not agreed upon the funds go to the state etc.

You have the advantage of knowing people in the space and being a trusted source for housing for people coming in. 

The input is coming from MLS.Downside ?