What I'm seeing with interest rates and taxes going up, are most places don't do more than just cover their operating expenses.

But again assuming it's not bad shape you could (or really should already have) a reserve acct to cover them...

That way, rental income will cover at least HELOC payment, and all I have to worry about is making mortgage payment on a new home.  

I don't have enough capital to cover the loan amount he is asking for.

This will allow him to give you a better picture of steps to take to limit your tax exposure.

Hmmm, they didn't cover this one in "Flip or Flop".Have you tried talking to the neighbors?

Check your state law in case there is a provision that covers this situation.

The earnest money was $1k and deposit was $4k, yes seller keeps EM if I don't perform within my time period however my escape clauses usually covers me from lossing my EM.

We were able to cover our expenses on all of our vacation rentals with a few bookings from folks who wanted to social distance in our properties, so we didn’t have to dip into our cash reserves.

Should I be making a whole new IG that doesn't contain much personal pictures?