In the ponzi s he me o invested in, it has been 4 years of frozen funds and investors are getting 55-% back most likely and maybe aomw more later if available.

Wolves use the frozen lake to get around.

HELOC's can get frozen and called you always run that risk .

It exposes your entire mortgage to a higher, variable rate and HELOCs can also be frozen.

not to be a debbie downer but I would not use my primary residence for a heloc and then invest out of state.. especially a C or D class property.. too much risk in my mind  also keep in mind Heloc's can be called or frozen thereby putting you in default and you wont know it until after the fact they are not fully amortized loans.

BUT I feel frozen and have completely lost my confidence because I don’t have anything or anyone backing me up now!  

And at $1,881 you’d still be well below the ten year out market rent of $2,015 [$1500 x (1.03^10)].Over ten years if the rent is frozen you collect $168K vs $192.5 if you stay below market rent but keep up with annual 3% increases.

Don't like the rent in Malibu, there are much cheaper units in Frozen Nuts, Nebraska.

Then it was suddenly frozen one morning and, after an email to the address zillow provided, a voice message to the appropriate phone number, and a form filled out with exactly all the information they request, we get no response for almost a full business day.  

The only thing I'll add is that through the 2008 meltdown we didn't have any of our client's lines of credit frozen or called.