HELOCs are good for short term debt: rehabbing for a BRRRR/ to sell or flipping etc.

Sole purpose to get small settlement from each to release to fund the litigation. 

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

It should be as easy as converting one conventional loan that cashflows well to a Debt Service Coverage Ratio loan or DSCR.

Instead we got some smooth sales dude who had hit rock bottom and is now "rich" because he took on debt to do a RIch Dad program years ago.

Have no debt. 

Debt-Paydown and Tax Benefits are also a result of time. 

Pre-trial in 9/9 and docket sounding will be October 14th.This trial is going to be very interesting as around 30% of the debt relates to work performed on personal property, so it could prove the corporate veil has been pierced.

They got fundamentally sound real estate, with matching debt (10+ yr fixed rate) and budgets with the intent to hold nearly forever. 

Backstory: 22 years old about to get out of military after first contract. 70k cash saved up & 775 credit score, no debt.