There will be some question about these kilns being covered under "personal property" or not and you'll need a lawyer to interpret that for you (as well as whether the owner can/should be entering into a new lease in the first place). 

When you see others indicated $XX... in cash flow, always verify what it means because people have different interpretations. 

I've looked into the legality of Illinois and i wanted to make sure my interpretation of the law in Illinois correctly.

So, are they breaking the rules, or "interpreting" it differently, or what's the deal?

If you need help interpreting the codes I can help.

Maybe see if there is a freelance paralegal around who can interpret or explain the report for you.

I've run into this issue myself, and I've found that different conventional lenders have different interpretations of the 10 property rule. 

@Olivia LovelyAccording to the link below, it’s only deductible if it’s used on the property the heloc is held onSo if you have a heloc on your primary residence and use the funds as a down payment on another property the interest is not tax deductible is how I interpret itAs always speak to your tax advisorhttps://www.investopedia.com/mortgage/heloc/tax-deductible/

I find a lot of people just assume that since they inherently trust their friend/family member, a lot of the "what ifs" and worst-case scenarios are not hammered out in fine detail which can lead to confusion and personal interpretation after the deal is closed, which it should have been addressed pre-emptively before the money was lent out.

Stating mid to high is still left up to interpretation and I don't like guessing.