You'd access the HELOC funds and then lend them to an investor at an agreed-upon rate for an agreed-upon period of time.

This expedited procedure allows a taxing unit to register a judgment against the property in the state court, facilitating a foreclosure sale after a period of three months.

@Ryan Lee   The 60 day seasoning period is really more of the max bank statements that would be required for underwriting would be 2 months of 60 days.

Get your dryer's exaust cleaned before you open up the unit for rent and periodically therafter.

That also goes towards the idea that you don't want a pre-payment penalty after a certain time period if you decide to refinance your deal to get a better rate down the line.You definitely want to compare the deal your seller if offering to what else is out on the market.  

Sell them all over a period of 4-6 years. 

It's pretty one sided.During their "inspection period" they will list everything wrong with the property, "real or imagined" and try to get you to reduce your price.

What is your plan for capital calls (additional investment requests) during the hold period?

Our goal is to meet a targeted return of 15%-20% AAR within 5-years, doubling our capital within the investment period, to propel us into a bigger deal.

Also, if tenant were to be late (use grace period) he would not be able to pay since payment series no longer exists.