if he performs a service for you, just pay him for it. 

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.

A longer timeline will make paying the extra 2% now more attractive.

Homebuyers will always pay more than a REIT type investor.  

I went to pay them, couple of days work I'll pay with a check (1099) and cash it for them.Hey Tony, I've got all O's info what's yours?"

So either you pay for the repair out of the idle cash in your account, file an insurance claim and use those funds, or rollover/transfer funds from another retirement account to cover the cost. 

Then invest the $10k in something that pays more than the interest you’re paying on the HELOC.  

We explained to him we would pay for probate and pay to fix up the house to get it rented.The lease is for 5 years but dissolves once we close.

@Chinku Chinku how is paying the loan balance down going to help you reach your goals?

@Parmesh P. there is no such TDA paying 7% or even 6% long term,5 years or longer.