You would likely use the proceeds to pay off the HML, leaving you with a new mortgage (which you paid to get) and a HELOC payment (and possibly a residual balance with the HML). 

This tenant has a 9-month-old and uses adhesive furniture wall anchors.

Inform them they may be responsible for any smoking remediation that needs to be done on their move-out, such as carpet and curtain cleaning, painting, etc if there is a smoking odor or residue.3.

I am as green as they get in real estate investments but I truly believe it is the best way to go to create residual income and financial security for my family's future. 

With no residual/profit?

George - I think that the owners most likely to seller finance a portion of the sale are those that have owned their property for a LONG time (potentially looking for residual income) and owners than own their property either "free and clear" (without a mortgage/debt) as they have more flexibility.

Most people might not have the ability to pay 5 to 6 figures a year for that.With Costar it is about residuals. 15 years in the business I do not like contracts and residuals.

Reach out to me to learn more, or attend this webinar (you can also make residual income as a Property Manager for your owner clients that can use these strategies, as well.

There are different levels of a cost seg study and there are residual methods to cut some corners but you will never come to a correct answer. 

Probably stating the obvious here but your going to continue to have this problem until you install some drainage that directs all that water from the downspouts and any residual surface water, to the street (pop up drainage emitter near the sidewalk).