This often only works with large properties where you are raising north of $1mm in equity, otherwise the legal fees eat up too much of the overall deal to make it worthwhile for anyone.  

I think they need to eat this and also fix the ventilation system.

Shout out to @Jonathan Greene who I always see offering not just helpful content replies that are relevant and direct, but also connections to more contributors with more or different experiences from which we can all learn.  

We have a blue/grey and a neutral green we like because they hide some of the wear and tear.

Quote from @Jonathan Greene: Welcome.

@Jared LomkerI’m completely green to the REI game.

@Jonathan Greene infers from your use of the term "lease" that this tenant started off on with a lease for a period of time such as 1 year and then when the lease ended no new lease with signed and the tenancy continued as month-to-month under the original lease terms.

Just ensure the interest rate on the HELOC doesn’t eat up too much of those tax savings, and it could be a smart move.

Quote from @Jaycee Greene: Hey Colby.

Quote from @Jaycee Greene: Hey Steven.