It does help to balance the higher cost of living in areas with higher property values, but at the extremes it can get really weird.

Consider whether you aim to build a substantial real estate portfolio for ongoing income or diversify investments over time.Risk Management: Assess risks associated with property ownership, including vacancies, maintenance costs, and market fluctuations.Risk Management: Assess risks such as vacancies, maintenance costs, and market fluctuations associated with owning multiple properties.Tax Planning: Work closely with a tax professional to develop a balanced strategy that maximizes current income offset with depreciation, while planning for depreciation recapture and optimizing use of 1031 exchanges.

Ehhh my own fault.I'm deep on regional banks.I believe they are the back bone of American small business and all seem very well positioned.After reviewing many P&L's and balance sheets, I see lot's of value but time will tell.I'll either be a hero or a zero with this high risk investment.Wishing you much success and keep the dream alive 

It’s a balancing act between functionality and curb appeal as well.

Given the above, it seems the question is as to whether the loan balance still falls under the decedent's estate as an unsecured debt (since there's no collateral) that has no bearing on the title  - or if it's secured under which the lender will refuse to terminate the UCC-1 filing until the loan is satisfied. 

Discovered by "driving for dollars," the property had an ARV of $215,000 and a remaining loan balance of $86,000.

HELOC are generally balance sheet meaning the loan is held on the lender's book, not sold into the secondary market.

If you can rent it out for Aug 1 (or sooner), return the balance of her last months' rent and deposit. 

We've set up a series of checks and balances to avoid these delays, but curious as to your thoughts.

Consider a balanced approach by diversifying your portfolio with both cities.