Thanks for the prompt response.

So, either your post didn't load completely, or you trailed off as a prompt for others to join in the thread and provide their fears about starting their REI journey...

I promptly handed them the lease, application, and a deposit form to hold the place until they officially signed the lease.

A good way to use a HELOC for acquisition is to consider it like a hard money loan: make a draw on it to fund acquisition of a distressed property, use the HELOC again to fund your rehab, then either sell it or do a CO-Refi and promptly pay off the HELOC.Avoid any situation where you keep drawing in your HELOC w/o paying it off. 

He iis prompt and has quick turnarounds. 

This also prompted a Canadian Cannabis Corp to offer 12M for the property/license.

This issue can be avoided completely by transferring the property into a land trust.While a transfer directly to an LLC will cause alarms at the bank and prompt them to send you a letter, a transfer to a trust will not.

But you could push the rent to the top end of normal, and that would probably prompt them to move out  Best suggestions: rent it at market rent, so someone is not motivated to stay on.

She lived in Texas and used some local realtor as a property manager but I honestly never heard from either of them until lease renewal and I often had to prompt that.

She lived in Texas and used some local realtor as a property manager but I honestly never heard from either of them until lease renewal and I often had to prompt that.