Imagine we reach a time where interest rates are higher so it is harder to get qualified, your HELOC balloon is coming due and they will not renew.I'd put in place some permanent financing on you long-term holdings.

The banks will only give financing to someone with permanent residency.

I know this city allows mobile homes installation with permanent foundation. 

@Amby BhagtaniIf you are to go after them, I would get an attorney to send a termination notice and thus make sure you follow your agreementThe other question I have: When you mention they left for Europe - is it permanently or temporarily?

Some Hard Money Lenders will actually REQUIRE you to be prequalified with your permanent financing lender to make sure that your exit strategy is in place. 

In particular, in desirable areas, for permanent/good financing, often 25% down doesn't cut it. 

Once i have my permanent financing completed, then I'll confirm that it's gone well =D  I lived in this market for 7 years while I did my schooling(undergraduate and graduate) and have family and friends  (as well as business partners) in the area. 

USPS forward and pay for the permanent forward service.

I agree with the remote being a bad idea, I used one once in a bedroom with no wall switch at all for the center ceiling light, but I fixed it permanently in the wall holder that came with it. 

As far as the use, Helocs are good for quick cash to bridge a scenario or cash shortfall, but are not meant for permanent financing.