I am eager to connect with you all and hear your stories as well as extend my hand with anything I may be able to assist with.

They will extend a credit from the equity of your home and you can withdrawal as you please, and then put it back whenever.

They said to consider my request, they would need  extra 2 days and if they don't extend, I will be charged for those days as well else I could cancel same day and pay prorated rent for 9 days.

One month after she moved in, she would like to extend the lease for another 5 months and she would like the rent to be at $800. 

Lower end properties are more susceptible to extended vacancy, more likely to require evictions, higher turnover costs, etc....

Also, during the housing crisis, were loans be called early (including HELOCs), or were they just not being extended?  

Apparently, only 12% of landlord complied & registered, so they have extended the deadline for registration to June 30, 2018.

What you are doing is you are extending the life of an old house for a few years with a $15k cosmetic upgrade.

People increased occupancy by either moving in with family or friends so the demand went down but the banks were holding many foreclosed properties empty so the supply also diminished.There is no way of knowing if the next large recession/depression will behave similarly so the safe investor should be in a position to cover extended periods of reduce rents and potentially long periods of vacancy.We have been RE buy n hold investors since the mid- 1970s and have never experienced a significant rent decline in our market but in that time we have seen significant rent declines in other markets. 

Due to the Milwaukee property sellers bankruptcy, the close date has been extended months.