.- you can use any part of the HELOC  you want to ...make sure the lender you are  using for the new loan will be able to  qualify you with the  HELOC  funds  being used  (  some  lenders will  use the  actual payment on the  outstanding  balance and  other lenders  might use a percentage off the entire HELOC max limit )

I've actually watched Sellers price their highly distressed properties at 50% of market value and buyers come in with offers that are 1/2 of that already low deal. 

You can check our services at crehou.com

Assuming it is a residential property, it will be roughly 3.64% per year of the actual house/condo/townhouse/etc value (not land)

What solutions could we bring to the table that would enable us to continue bringing a true glamp service to our customers.

If I drove around and covered my entire service area once, why would I do it again unless 5 years has passed? 

Obviously there would be a more in-depth analysis if I were actually buying the property. 

Now that we're about six months removed from the debate, it's time to revisit what actually happened.

This is actually my Grandfather's property that I am trying to get him a monthly cashflow since he is now in an assisted living situation.

There actually aren't many realtors out there that know STR regs or how to even search for those types of properties.