I can take out the heloc in just my name, but it ties up all of the equity in the property because only one line of credit can be taken on the house.

I've watched too many politicians fall, and we have worked too hard building our reputation to tie it to someone else's character.I may be political at times, but our business is an enterprise...a free one...participating in modern capitalism.

In general that will be directly tied to what is going on in the community.  

Although I am still employed, we decided to execute our "crazy" plan so that we would never have to feel tied to a job in the future.

I just would be afraid since the property isn't tied up yet to bring in a potential investor.

The credit partner's credit is tied up long term so they receive 50% ownership of the property.

I do not know out your way but here most reputable contractors use professional computer automated construction accounting systems that can spit out a receipt in one second and most supply houses likewise have automated systems a contractor can simply tie into so there is no such a thing as duplicated accounting systems that would cost you extra time and money to produce a receipt for the client.

I live in a place with no hard freezes so, technically, with the right layout, you could abandon the old line and tie-in with a new line, digging trenches on the perimeter.  

Overhead is high and unpredictable with HOA and the owner's hands are often tied.

Our income consists of cash flow from rental income from 40 SFH we own and manage ourselves (none of the homes have traditional mortgages tied to them).