For more expensive properties you'll be wanting to pay a lower interest rate and doing short/mid term rentals.

Who noted that we simply have a porous basement wall, like every other basement wall from that time period.

The property that I have, my family owns is not currently an Airbnb or a short term rental.  

Appreciation might come eventually, but in the short term, it sounds like it could be more of a challenge.Lastly, while keeping money in a savings account is certainly a safe move, it’s not going to get you the growth you’re looking for.

Period, end of story. 

The rating systems for short-term rentals has lost all validity.

I asked them, what do you usually short sale properties at %?

The advice I have received is that HELOC’s should be used for short term loans only with a definite plan to pay it off. 

I’ve worked with a lot of investors and property managers in both Texas and Florida, so hopefully, I can help you sort through the options.Florida VibesFlorida could be a fantastic choice if you’re leaning toward short-term rentals.

That could involve mediation or court, OR possibly if nobody takes an action you may simply be awarded the EMD back after a certain time period.