Next, via bi-weekly your never going to "miss" a payment.

@Penny PengBig piece missing here - what is the best component ?

Meaning any of your Helocs can be closed or reduced at any point if any of your banks feel you are over leveraged, miss a payment, credit score drops, even by mistake it happens all the time.I would get rid of the Helocs and put some cash in your bank so you can use that versus a Heloc. 

Hello, I own a property with someone else but they have been MIA, what can I do if we have papers to sign?

Please advise if I have missed anything or anything else you believe is relevant. 

With all do respect, I think you are miss understanding what I was saying.

I missed that.

I see two homes I might jump on  but the area has some "rough" patches. can you recommend a property manager? 

I think a big missing piece from the puzzle is where are you at personally with your income. 

If not, we would just hold and rent the Mooresville house.I’ve been watching the trends on Zillow over some time now and it seems to me that the 1% rule is a thing of the past, like I just missed that boat.