I say you are VERY wrong.In my area older renovated houses demand top dollar on rents and I can find distressed properties or motivated sellers so I can buy at huge discounts for cash.I do not have constant repairs as I fix them up correctly after I buy them.House values are based on comps.

Do you know the other markets well? 

This might sound rude (it isn't meant to be), but it makes no difference to me whether someone decides to do it or not.

Why would you take your cash, and spend it on a property you don't need to spend it on, instead of using that cash to increase your properties,...and income.

I normally advise that people start a business as a sole propeitor in their first year.If it is successful and something you want to continue, then have a conversation regarding entities.

Did my rental analysis and it would work fine as a long term rental.

Do you not have space for regular one?

It's not so much that he is hard for me to understand, but I think the severity of my situation is hard for him to understand.Come onThe short of it is that my husband has extremely high conflict is extremely money hungry, and it really has nothing better to do with her time.

Unless the loan is a much better rate than the HELOC, which it probably won't be, then keep the HELOC and don't pay the origination fee on a second mortgage.

Thanks for doing this.