That's asking for all kinds of friction.Here's a short list on the lost value for honoring the "sweetheart" lease:Security depositPet rent and/or pet feeLoss of rents due to under marketHolding costs/vacancy/marketing when the tenant leaves "whenever he wants"Other operational headaches / PITA "tax"Your attorney should have suggested estoppel agreements as well as language in the contract that states no changes to or new leases can be signed by seller henceforth.

So it’s a good idea to create a process to do it w/o being present.What i suggest:1) Schedule a time to meet 2) Apologize that you won’t make it shortly before3) Have them send you a photo of their drivers license 4) Give then lock box code and have them call you when they leave the property This helps since they think you’re going to be there.

He also has a short certificate.

So you can use the HELOC as a short term instrument and then refinance it out but make sure you can get the leverage you want.

(this is important if you do need a short term loan to purchase then refinance out - and the answer should be 1 day...very important that it is 1 day on title is all that is needed to refinance) What is my minimum down payment required?

In short I feel aimless in my research and am looking for help deciding on a direction

I just closed on a duplex that had an annual premium of about $1060 through Foremost as an all cash value policy only.

Shortly thereafter we stopped working with this individual, he was surprised to find out that as a customer you too can be fired by a Property Management company.  

Are you able to find long term rental properties that cash flow in Bend these days or are short term rentals a better route?

Do one short term and one long term for a year.