The longest terms our plans provide to pay back the money is 5 years and the payments get made automatically through payroll deduction. 

@Adam Newman you will want to confirm this with the bank but you can’t take a loan out to borrow for part of the down payment so you’ll need to provide all the funds yourself or have a gift from someone for that which you don’t have.If you have a gift from someone to bridge the 20%, that would be ideal.  

Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.

If she is getting close enough to thinking that there will be an income disparity, she will stop at nothing to compel my husband to provide income documentation.All finances are joint except for the rental, which I keep rents for in a separate checking account and track spending for.

We have had one attorney contact us about one of their clients saying they never completed the form - we sent them the information and they asked us for all this other information which we ignored as we had no obligation to provide any information to them.

Why not test the market by putting the lots up for sale, and if nobody bites, that might provide your answer. 

@Brian Chadwick A cash out refinance might offer more favorable interest rates than your HELOC provides.

.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.

They only do Memphis and Little Rock and may provide you with the end result without the hassle if you like that market.

But bottom line: January rent is due to you provided the tenants were informed of the sale on or prior to closing.