@Jeremy Roberts if there is a housing crash, and the value of your home drops 20%, the bank will re-evaluate your HELOC, I can assure you of that.

I’m not sure of the relevance because I assure you there is one. 

I'm a bit panicky but feeling a little more assured I can get another rental up north.I clear $10,000 a month now so am only looking at $3000 range for rental in NOVA.

I have been assured that the next month's rent will be paid by the sisters.

I'm not calling every person with more than X doors greedy, I'm asking them to question their motives to ensure they're not falling into greed, because I assure you there are many who are.

Tenants already in place sounds wonderful because you have the assurance of instant cash flow and help paying taxes mortgage and expenses . ...Sadly The truth is much different .this is nothing to get excited about .

It's good to know that if he has it, I can rest assured regarding the legal side. 

@Peter M. please let me assure you it is not a difficult task for a competent lawyer to pierce the veil of an LLC. 2nd year Corporations covers it in law school. 

You never offer cash for keys otherwise you have zero assurances they will leave.

How can I assure that contractors won't take me for a ride?)