The best way to get all the answers you're looking for is simply to speak with a lender and find out what's possible for you.

According to software made by nerds who have attempted to reverse engineer the mortgage-specific FICO algorithm, no a maxed out HELOC doesn't hurt you the way a maxed out credit card does. 

In addition, get Jay Scott's books here on BP and read them before attempting your first rehab. 

The properties are all in relatively good shape and the minor issues we've had the property manager simply took out of my monthly owner disbursement. 

If you served them notice, simply don't act on it.

sure you simply have to make a lot of money.. either choose the tenant pain and the writeoffs that go with it or choose write on s and live with the income and tax burden.you can always buy a plane that will shelter a bunch of income. 

I would simply list it with a agent and sell it.

I am committed to testing the short term model this week through the summer, as I've just dropped about $5k on supplies/set up for it, hahahaha (all a write off)  I'm just testing the short erm/ corporate rental/ vacation rental model on a few units. out of about 30 that I manage in this area.I'm setting up beds, furniture etc this week and hopefully will have some rentals open this week.I'm attempting to do corporate (mid term 1-12 month furnished rentals) as well as testing the Air BnB concept.If any locals who do Air BNB on asmall or large scale want to help for service, Or if a local newbie wants to meet up and help me move furniture, clean and set up these units let me know. 

Some investors choose to raise rents gradually in an attempt to avoid a vacancy.

The problem isn’t the property, it’s Alex.This all seems to be an attempt to slander my name and I’ve reported this to BiggerPockets.