Hope one of these work out for you.TrustcoUS BankTD BankPenFedUnion Bank, specializes in noo HELOC, Cory K Bente on BPUtah: Americafirst 80% LTV on noo 65% LTV 15 year 5.74%80% HE 15 or 10 year 6.49 fixedFirst Florida Credit Union (Jacksonville area)1.99% for 12 months, 5.25% variable 80% CLTV 20 yr w 10 yr drawInvestment property HELOC in Texas from Hurst Lending and Insurance

I’ve had these things for a decade and where I live it gets to -35*C routinely in January and February.

I am not a licensed realtor and was wondering if what you guys thought about doing something like this or have you done something like this in the past and how did it work out for you?

In my case, YES, I expect the tenant to handle minor repairs themselves and I require this in my lease, but I have also first done all the things that Jim suggests as just a routine part of my rehab, since I buy highly distressed properties to begin with.

If I find the right spot and the right tenant, it will work out, but that's true no matter where you are.

In recommending those routine maintenances, they are looking out for you and your asset.

(if that deal would come across)  The numbers rarely work out (as you said) for him to make the deal just looking at the depressed market. 

Hopefully it will work out. 

Perhaps work out some payment schedule with the IRS.PS.

As an example If someone applies that’s a transgender and that is just something that just won’t work out because of personal /moral convictions then some landlords would get into trouble if they stated “ sorry I don’t rent to transpecies perverts!”