The HELOC may or may not disappear, but it will likely be "extinguished" from the property title after auction.After a first mortgage lender forecloses and it's lien is paid off with the proceeds from the sale, any surplus funds from the foreclosure sale are distributed to creditors holding junior liens, like a second mortgage lender or judgment creditor.And by the way, YES you should serve notices prior to entry just to be safe.After you acquire the property, what is the goal? 

Since childhood, I have been fascinated by the concept of rental properties.

I'm still gearing up to buy more hold properties.

Get creative if you like but end of day a property is only worth what someone will pay.

You have to like going there because no-one is ever going to care about your property as much as you.

I’m currently in the middle of a new construction deal, and have an investor that flips plenty of properties- just closed on 2 of his and we have quite a few more coming. 

Why were the sellers leaving this property?

@Brett Deas  The issue with furnished finder we have is the radius of the searches and the data it pulls in for stats as well as matches for the property. 

Property is gutted to studs when we purchased.

Hi YehudaThis forum is very self-management heavy with some exceptions of full service Property Managers like myself.