Just the other day, incoming Treasury Secretary Scott Bessant was asked about ending conservatorship, saying “[concerning a Fannie and Freddie release,] …anything that is done around a safe and sound release is going to hinge on the effect of long-term mortgage rates.”

From our experience with clients, you’d typically expect to pay around $1,000–$1,500 for a single-property return, depending on your situation.If that $6K includes monthly bookkeeping and accounting, it could be reasonable; it could also be low, or high... it all really depends on the number of transactions, bank/credit card accounts, and the complexity of your finances.

Transaction volume is basically non-existent.

Recently, this sponsor resumed paying distributions after pausing due to Covid-19.One of the sponsors, a first-time sponsor is selling now for a loss of about 30% of our original capital, after doing a capital call last year.When Covid-19 hit, one of the them had been in the months-long process of selling to a buyer who presumably offered the highest price but was unable to close and pulled out of the transaction.

The six month cd isn’t the point my understanding is that I can’t just take out the HELOC, I need to actually use the money for my plan to work and a short term CD seemed safe and reasonable 

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

However, seeing as though I have already sourced the deal myself, would it still be in my best interest to use a realtor for this transaction if it works out? 

However, it's a safe bet that these respective areas will continue to appreciate steadily for the reasons noted.

It was a wild time for subject to transactions while interest rates were increasing, property values were increasing, and lenders were stuck and could not call loans due when a property was sold or transferred.

That is a safe harbor from the IRS with a couple of caveats.