I completely agree with @Ashish Acharya's points about the cost-effectiveness of a HELOC and the potential credit implications if it’s secured by your primary residence.

To me, I would just accept Zelle and update Avail if possible and look to see what the tenant is looking for in terms of repairs, how much rent you'll get from them, and if you want them as a resident.

Here are a few reasons to use the deferred sales trust over the 1031:The Deferred Sales Trust (DST) gives you the ability to sell high and buy low and relive the 1031 pressure of 45 day and 180-day deadlines.

Unfortunately, going from FHA on the departing residence to a ne FHA loan can almost never work for a few reasons. 

I have had wholesalers call me on my personal residence and tell me it comps at 650k.. when in fact its worth closer to 1.4 mil all day..

Owner financing and HELOC on personal residence How did you add value to the deal?

For practitioners in the real estate industry, the biggest challenge is not just the difficult work, high risks, or immense pressure, but the necessity to learn to let go of complete control over outcomes.

no reports of incidents with our residents but there were some people injured and some homes damaged. 

You could do something like what you want if it was your personal primary residence and even then the interest rate would be ugly. 

Is that amount worth risking at this time potentially having to pay from your primary residence?