The peace of mind and seamless transactions are far more valuable than squeezing out a few extra dollars from a deal that could fall apart at any moment.Real estate isn’t just about the highest bid; it’s about the relationships and reliability that ensure deals are closed efficiently and without unnecessary stress.

If I paid down 80% of the loan then obtained a 2nd position Heloc, is there anything to prevent me from paying off the 20% remainder on the first lien, then paying myself back the 80%, essentially leaving me with a first position Heloc?

I typically find a new tenant before they leave, or shortly after their leave, which prevents me from any losses and puts more money in my pocket.

Hi Everyone,     I am aware Colorado law prevents landlords from charging the tenant's security deposit for the time the landlord spends on repairs (though they can charge materials).

What precautions do you take to prevent unauthorized subletting?

This will hopefully prevent the problem from recurring.   

I do not believe there are any Covid related moratoriums going on right now that would prevent the foreclosure of an investment property.

Settlling is probably better off because if you argue you are operating this illegally then you're in for my problems.But here is the thing in terms of prevention and hindisght. 

I only invite someone to apply if I think I want to rent to them, otherwise I think it is an unnecessary expense for the prospective tenant.

Gas, water, elec are unnecessary.