I would consider getting out of property management and getting into cleaning IF you think they are doing better than you . 

My partner and I would still do it when the seller was made abundantly aware of the situation and it was the right solution for everyone involved.

Pretty much any regular bank / lender is going to require themselves to be in first position on all the properties... so I don't think a HELOC type solution is going to work across multiple properties with multiple lenders.  

Additionally, consider operational costs like cleaning, staffing, and marketing, as they can quickly add up.For management, outsourcing to a professional property manager or leveraging tech platforms for bookings and operations could streamline things, especially if you plan to scale.

To protect our rights, we would definitely deliver a formal 5 day notice (Wisconsin Legal Blank), but at the same time indicate that we are looking to collaborate to find a solution.

That said there are some nuances and requirements to property implement interest tracing so ensure you talk to your tax professional ahead of time and keep the funds movement as clean as possible. 

In fact, I just tossed away an amortization book of tables that I've had for almost 30 years, when we were doing some winter cleaning - the lowest rate it went down to was 7%.

Inst ($285.00) ($1,943.52) 3/31/2020 ACH ORAM-2910BROUGHAM- Little Pay Mowing Bill Maintenance Expense-Cleanup, blow clean, extra services ($85.00) ($1,658.52) 3/30/2020 ACH ORAM-2910BROUGHAM- JEA Bill Utilities-01/21/20 - 02/19/20 ($59.37) ($1,573.52) 3/28/2020 ACH ORAM-2910BROUGHAM- Crossmen Home Inspections, LLC Bill Maintenance Expense-Locksets replaced and fire extinguishers place at move-in ($50.00) ($1,514.15) 3/28/2020 ACH ORAM-2910BROUGHAM- Crossmen Cleaning Solutions, LLC Bill Maintenance Expense-March 7-10 Maintenance Cleans ($30.00) ($1,464.15) 3/25/2020 Check 3.26.20ALL ORAM-2910BROUGHAM- JWB Property Mgmt Bill Management Fees- ($169.90) ($1,434.15) 3/20/2020 Online Bank Transfer ORAM-2910BROUGHAM- JWB Property Mgmt Bill Tenant Placement- ($1,699.00) ($1,264.25) 3/12/2020 ORAM-2910BROUGHAM-2910BROUGHAM Coker, J.

Thank you Jay because although it sounds like a perfect solution, it seems to good to be true.

Maybe you can add clear rules on noise, guests, shared space usage, cleaning responsibilities, maintenance expectations, and specific guidelines for shared bathrooms/kitchen.7.