I'm not advocating he establish a new LLC without using an attorney or registered agent to define the bylaws of the agreement.

I also look widely for HELOCs for my own rental portfolio and am not seeing danger signs there, either, defined by me as lenders cutting off lines or no longer extending lines. 

Additionally, the property has a pre-existing designation as an Artist Dwelling.I’m looking for insights on the following:What defines an Artist Dwelling?

I'm trying to find a good course to learn the syndication process and all of the components.

Investing in medium-term rentals, which are typically defined as tenants renting properties for more than 30 days but less than a year, has become a preferred strategy of many investors.

Pretty much all major components were newly installed / fitted and done to a tasteful standard (new metal roof, plumbing, electrical, kitchen, flooring, bathroom, doors, new hvac, decks, vinyl siding etc) and I have visited and walked through 3 times and even been under crawl space to inspect a repair that was previously noted on an inspection to the foundation after termite treatment which looked to be a good job.

Making sure the property "flows" outside is a key component I have personally found - assuring nobody is stepping on toes, encroaching on each other's outside space, or blocking cars in, etc. 

Have you defined your investment strategy?

Besides marketing the larger component is the list of questions to ask and how we ask them.  

Most leases typically have two terms: (1) defining how notice will be given and (2) defining where notice will be given to each contracting party.