Read the lien law so you know the procedures and required timelines.

While this is all great news if  I want to form the LLC, this whole procedure and more research has led to other options.

I explained to him that his understanding was incorrect and he is still obligated to pay or agree to terms for lease breaking (unfortunately the lease was silent to lease breaking which I have since fixed for future tenants).He has been non responsive since, so I read into the Hawaii Landlord and Tenant laws and followed the book regarding required procedures & notifications. 

As far as seasoning requirements and the acceptance of the HELOC funds, Id be happy to walk you through the different procedures that can be used depending on the lenders requirements.

If you cannot afford to speak with an attorney, the small claims’ clerk may be of assistance about court procedures - they cannot give legal advice, tho.None of this is legal advice.

Especially if the property in its current state needs to be stabilized (rehabbed, re-rented, new policies and procedures instituted, etc). 

@Cara Lonsdale I would call the water company and find out what the procedure is for getting the pipe back installed and find out who's responsible for that cost. 

I just wasn't sure of the procedure.

It’s important for your lease to tell your policies and procedures.

Obviously the owner would have to authorize it, but I don't know that the insurance co. would do it even then, due to their own regulations and procedures.