You never know what will happen, and even if they've been stellar tenants for 10+ years, that can change at the drop of a hat (or a deed, in this case). 

I first had problems with the management group during a lengthy eviction but after some serious correspondence, we hashed out the problems and performance has been stellar.

With your set up, you aren't going to get stellar applicants...... if you do, they will likely not be long term.You are going to have to pick the "best of the worst"..... don't expect much...... so far, the pickings are slim and raised giant rent flags

With seller-financed deals, most Payors will not have stellar credit, but most buyers still prefer Payor credit scores above 575.

My wife's credit not so great - mid-500s. Mine is 700+ but I'm not on title or the loan. I could be if it would help. Both of us work, no mort lates in past 3 yrs. Any recommendations on a HELOC?

I was just looking back at the official diary thread from the first summit and reliving.....good times.From the looks of this, it is going to be STELLAR!!

My wife's credit not so great - mid-500s. Mine is 700+ but I'm not on title or the loan. I will be next week (in-process). Both of us work, rental income, no mort lates in past 3 yrs. Any recommendations on a HELOC?

@Jim Blackburn myCredit is stellar and I have saved more than enough for the down payment as well as closing costs if I have to use a realtor.

Our credit is good but isn't stellar and our properties perform pretty well as far as cash flow.

They would have to be a stellar tenant candidate in every other aspect and I would 2-3x my due diligence on them.....AND there would have to be reasonable explanation for them wanting to do it......99% of the time, I'm gonna pass on this offer......