He said that his renters are paying down over 400k/yr in principle on his rentals, that he rotates HELOC and refinancing on his properties to cash out that 400k a year.

I will continue to run rentals, buy, and maybe after 8 years or so rotate another into the same setup, guaranteeing some stable income.

I cant imagine they dont have clients that use a rotating line, whether personal or secured by real estate, for a reserve.

(That would be similar to expecting the car dealership to refund all the money you'd paid for oil changes and tire rotations because you defaulted on the car loan)Again- you had a very negative experience with us, and we apologize.

You can get 2 or 3 sets and rotate through them so every tenant gets a new key.

Quick update: we made an offer on Fairfield property & the offer is basically dead (at the moment), seller is refusing to drop below $360k ($5k below current ask), so I'll circle back in a few weeks to see if they've decided to finally get with the program and sell (vs getting foreclosed).Came across another very compelling unit, but there are already 6 offers (of which at least 1 is full ask), so not likely to be able to get that one.Working on getting our home on the market (we're delaying till 3rd week in May when our daughter finds out if she will be doing clinical rotations in Philly area hospitals - she's finishing up 2nd year medical school). 

All of the structural issues with the crawlspace are all related in some way, the foundation cracks may have shifted the structure a little bit causing the piers to rotate and lean and then the piers, when they leaned, maybe caused the girder to lose proper bearing.

@Shane Ward The OP is from the Philly area, so a legitimate alternative option to buying an STR in a market they aren't close to / familiar with would be taking those funds to buy an actual investment property, and using the cashflow to fund vacations indefinitely at whatever destination they choose (especially since they already rotate between 3 different vacation markets due to friends & family).

@Ned Carey with an engineering co-op it’s not consistent income because it’s non continuous rotation until I graduate and once I graduate then I’ll be a regular full time employee.

Hopefully you guys can help.Attached are some of the pictures from my place.Paneling and Wall to be removed on right that leads to living room.Living roomKitchenAbove the drop ceiling in one of the bedrooms (needs to be rotated right):