The seller’s agent will have to vet the potential buyer on behalf of the seller and if the potential buyer is qualified, show him the property.

If the agent is suggesting to put it in writing it might be because he can now nudge the seller into accepting a lower than previous offer since the house has been on the market for a long time with no other potential buyers. 

In our case i'm very concerned w high transaction costs if we sell. 

I realize this will include 2 closing costs, but would be more to hold and pay interest on hard money loan.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

For now, the HELOC lets you continue building rental income while keeping costs manageable.

I’ve worked with a lot of first-time buyers, and common concerns like HOA restrictions or property management costs often come up.

Makes your property more accessible (at least on the surface).Bad: Has a cost which is not used most of the time.

You have 45 days from the sale of your property to identify potential replacement properties, and you must close on the new properties within 180 days from the sale.

I just did a podcast where we discussed this and how people are in for rude awakenings when its takes 3x as long and costs 2x as much to renovate from afar if you are not there on an almost daily basis.