Just screen the potential tenants she has lined up and let them take over for 7 months then sign a whole new lease with everyone.

HELOC is just a credit line, So you can buy/rehab and refinance with a regular loan in order to pay back your HELOC if you want or pay back the HELOC with time.Depending on the type (1% Payback or Interest Only Payback) if you borrow 80k, your monthly payments would be $800 - if you were renting for say $1000+ and covered all expenses, then you could just pay back your HELOC and if rates adjusted, your payments is still 1% payback - you would just have more interest added on for the life of the loan.I have a HELOC and opened it up to be able to fund my rehabs or have extra $ to close on a deal.

All of these folks are multiple buyers, suggesting they've had success and been happy with the properties they've been collecting so far.So, bottom line, Killeen can absolutely rock it.

My lawyer says this - " The bottom line is that he missed a lien during a title search and now his buyer is stuck with the bill"

Pricing will be a bit higher than the other 2, but if you're going for a VA loan (which I'm betting you are) then the out of pocket cost won't really change much.

Typically you have a line that says you or someone you work with or someone you find will buy the property.  

In theory, I believe you should be able to rent out STR in any complex in California, regarding of HOA rules, so long as it is permitted with the City.Your best bet is to seek legal counsel and run the Oxnard case by them to seek their opinion.

@Ray Loveless, you bet.

Especially for flipping, I bet you can find a diamond in the rough out there. 

This is in line with my thinking when investors self identify for a 506(b) offering.