No power for 3 months unknown to me. 

But if I didn't have another 100 grand I would lose the purchasing power of that money.Like Aaron said, you can put the money to work for you and get a greater return.

When you have a true motivated seller then these deals become very powerful in your favor!

In my jurisdiction there is no legal advantage as only a tenant has the power to terminate a lease aside from a justified eviction which is very rare.

Lets start from where we left off...The home inspector came and did an inspection on the house, he found that the electrical was so messed up that raw grid power was going directly from the road into a wall socket and that if someone plugged in the wrong device into that socket it could practically blow up or at least start a serious fire.

Hi @Saulo Queiroz if an apartment keeps tripping breaker and losing power every month what could be the main cause and solution?

That flexibility can be nice, but the lender can also alter (or even negate) the amount of the HELOC at any time based on market conditions, which means in a market correction, you may find your borrowing power suddenly cut down overnight.The 10% is an interest-only second mortgage with a rate around 6%.

So we waited until Monday for the repair, and in the meantime I shut off water, gas and electricity for that hot water heater (yes, a power vent unit needs electricity too).

Scraping with the spud scraper mentioned above is one method or you can rent a power scrapper or scarifier and get it done quick.

I want to make sure I do everything in my power to reduce property damage/delinquency.