Did you ask him to correct the issue? 

@James DuganBased on Texas HELOC rules, your HELOC must be tied to your primary residence, so moving out could create compliance issues.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.

What type of interview do you do with existing tenant(s) to ask them about maintenance issues?

People might change your settings or misuse the account without meaning to, and fixing those issues could be annoying.

I have software that will allow me to send out and reset doorcodes so i dont forsee that as an issue

Always fix all water issues first before moving on to doing major repairs of a structural  nature.  

Have also seen many posts from around the country with investors having the same issues. 

The issue in most instances is the inability to articulate the risks and how these structures will actually help and therein lies the issue and why most go over the top on asset protection expenditures.