Their lease is 6 month term with a same rate month to month however, their insurance states the rebuild of their home and fire investigation efforts are going to take 12-18 months. 

The loan has come to term and they can’t maintain the property and the current interest rates.

There waiving regulations that would have impeded it, and are trying to get additional funding to cover anyone who had any lack of coverage. 

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.                    

Will you use the HELOC as a short-term bridge, or plan to hold it longer?

Have you refinanced this into a long-term mortgage?

I've used those before for shot-term funding for renovations/rehabs in projects.

I am a long-term investor with a buy and hold property in Brooklyn, NY and I also own multiple lands in Florida and Mississippi.

I am searching through all the BP threads trying to find the best fit for me in terms of asset protection/law/CPA firm that specialize in real estate investment and have narrowed it down to Anderson or KKOS/Mark Kohler.

.: Quote from @Matthew Irish-Jones: Buffalo is a good market to invest long term if you get a good property, on a good street, in good condition.