This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

It earns a great rate of return compared to a bank account and is fairly liquid.

Failing might mean losing your house.

I applied for a HELOC and when they ran the title it came up that the 8k grant is actually a second "soft" lien against my property that will go away after 5 years which prevents this bank from allowing me to have a HELOC.

Consider, if the machines did start failing in the next couple years, how would a loan payment affect your cash flow?

(G) Acceptable forms of payment of Rent (including Additional Rent) are ___ personal check, ___ cashier’s check, ___ bank check, ___ money order, and ___ the following online/ACH payment methods ____________________.

Start by talking to your bank. 

Banks buy and sell those all the time.I think you're saying you have a borrower who has negotiated with the bank to purchase their note from the bank.

Yoru bank probably wants yoru mailing address to match your ID. 

Since leveraging this tax strategy could save you significantly on taxes if you do qualify you might want to seek personalized advice, that's tough to get in a public forum, to avoid missing out or getting audited and failing audit. ...