It would appear good ole Dutch has been using new investor funds to pay liquidations i.e. robbing Peter to pay Paul.

Most of the buyers are just regular folks looking for a home, so they are not at all thinking about cap rates. 

My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space).  

So he's paying his mortgage faster while not paying interest on the HELOC.

Quote from @Leeling Chew: It doesn't matter who pays the bills.

No need to pay big bucks for this. 

This community will offer you so much value - don't be afraid to drop your questions here or reach out to any of the folks above directly.

I second all that has been said above - all of those folks referenced have been really helpful to me and have added lots of value to so many BP community members, especially in our local marketplace.

The attorney isn't answering them so she's not sure how to get the lien removed once they pay the bill.

(You’ll pay higher interest because it’s a rental property, and, if you try to do it in a corporation/LLC you’ll pay an even higher interest rate.)