(I think this is where you are) If sales proceeds fall short you bring certified funds check to closing for the shortfall.If you are selling a different property than the one with the HELOC and you get a "check" from the sale of the other property, you deposit your check and then pay off the HELOC if you desire.

The best wholesale deal I've come across so far (a house for 7k that needed about 30k-40k of work) still wasn't all that great when analyzed (would only rent for about $500-$550) and I was advised to stay away due to the more complex nature of it, at least as my first deal.If I can hook up with someone in another market that gives me a better purchase price to rent ratio, and make the requisite connections to do deals there, from acquisition, to rehab, to lending, to property management, why not?

Even clothes dryers up there run on natural gas.  

Some sort of entity is probably also in order to centralize your legal and financial interests.Are you planning to simply rent something out or move in to a multiunit situation or something of that nature?

And if you return the deposit certified check sent via cert mail with signature confirmation...

Our local Natural Gas Utility offers this:"Reduced-cost weatherizationAdditionally, Energy Trust of Oregon now offers Savings Within Reach to NW Natural customers with household incomes up to 120 percent of the state median income (SMI).

Freezing and thawing continues the evil forces of nature vs. foundations. 

RodriguesThere is some language from Fannie Mae in the following passage of D1-4.1-02a limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.https://servicing-guide.fannie...It doesn't seem like you can close in an LLC, but you can possibly transfer it over immediately after the close.

The therapeutic nature of walking a dog daily is so underrated!

We also used the opportunity provided by the extend of the demolition to do the following:Install a free-floating, insulated (R10) subfloor (a first for us) over the slab on the main level;move the laundry under the stairs to the second level - a better use of space than the deep sloped ceiling closet that was there;resize kitchen - we made the kitchen 42" longer, but this necessitated moving the electrical panel into an 18" upper cabinet;reconfigure the bathroom - with the laundry not moved out of the bathroom, we made the bathroom a little deeper (about 6"); moved the toilet slightly; shifted the tub about 18" and moved the vanity to the other side of the room;reduce the size of the living room window to an 18" transom window giving much more usable wall space;replace the broken windows with Energy Star certified windows tuned for their exposure;build an entertainment feature wall on the living room side of the stairwell.open-up both sides of the stair well (living room and hall by bathroom) - this allows for better air circulation - a necessity when we install the heat pump.Here are a few select shots of the process:Demolition begins:Repairing sections of wall:All electrical and data network runs were installed, then next came the insulation:We finished shifting our plumbing and patching the slab.Next we "leveled" the slab ... ok, we made it better ... and laid the subfloor:Note that we installed 4" high, plywood spacers around the perimeter to keep the floor ~1/2" away from the external walls.