Private money (dad) recycling the money from the last duplex purchased with his HELOC on primary residence.

I know for a fact that is a waste of time (I've known a number of staffers and these types of emails just go into the recycle bin), but it's worth a shot.

Some people will shoot you a low bid then try to milk you for more money placing it on unseen problems.  

A HELOC you would have worse rates, but you would only pay for what you use, on a interest only basis, and if you pay it off (through a BRRRR or otherwise) you can then reuse it, and recycle capital.

I haven't found much of value after a move out or an eviction (well, my son and I once found a packet of what we assumed were drugs and I suppose the tenant would have found that of value but we presented the stuff to our local police instead) but I am a big one on recycling intact furniture to our local Habitat and Catholic Social Services organizations to avoid good stuff ending up in the landfill and donating canned goods to our local soup kitchen. 

Do you think the Tenant has paid the same price for milk or hamburgers the last 20 years?

@Remberto Teos The goal of the BRRRR method is to pull out most of your capital at the end so that you can recycle it.

It is nice for the tenant since they can be recycled for 30 days and are the cheapest but I want more.  

You can recycle and reuse FHA loans, although it takes some serious sacrifice!

So when I get them I have a database of all my LLCs, what their taxpayer numbers are, and then wen I get that letter I add the webfile number and recycle the paper.