I would suggest seeking some additional advise, but I always tell everyone to start out correctly from the beginning. 

Yes, you have read that correctly. 3 Trillion $ market cap. 

You are correct Stephen!

Assuming  this revenue ruling still stands, it mirrors the SC situation nicely, meaning it would support your acquisition date of the real property not starting until you have taken possession.I think this would be highly dependent on the terms of the local jurisdiction as well, so what might be correct in one jurisdiction, could be completely wrong in another depending on the rights acquired related to the property.But happy to be pointed where I am wrong!

I don't think this is wise.HELOC's are a great tool if you use them correctly.

i still can't tell what your plan is =) it sounds like you live in Texas and are staying in Texas... is that correct? 

None, if you report things correctly.4) Any tips or tricks you can pass along with this method? 

Hopefully, if that situation arises, the notice results in attitude correction and the lease can continue uninterrupted.Having said that, if the eviction is 5 years ago, I'd probably accept the couple - but let them know I'll be keeping them on a short leash.

Also if I studied right you'd call that method the BRRR correct?

If you read correctly, you will see that I have not responded to my tenant in anyway that isn't compassionate.