I'm interested in the outcome.From my understanding, only Licensed Contractors can slap a Mechanic's Lien on your property.If they are licensed and fail to show that they performed work for you without your permission, and are still able to slap a Mechanic's Lien on your property, this would certainly be unjust.It seems like an easy win if you take them to court since they could have possibly have a signed invoice from you.Did the PMC have power to sign Contracts for Work related to your property without permission?

It has led me to so many more ideas and creativity on what I know want to do with Real Estate but also how to help other people understand the complexities of the game.

Using a straight short term option purchased for a small fee tends to bring the whole transaction into clarity and everyone understands the parameters.  

Our plan was to use this HELOC to secure off-market deals from wholesalers and then pursue refinancing.Concerns and Seeking Advice:However, I've read discussions, indicating potential challenges in refinancing when a significant portion of DTI is tied up in a HELOC.Given our situation, I am keen on understanding:1.

What I am trying to understand is why would I insure their actions, given I am the property owner?

This will help you understand your rights as a landlord and the rights of your tenants.

@Victor SolomonYou may want to focus and prioritize other concerns than just the loan (though understandably without the loan, the whole deal may fall through). 

Again, I am new to real-estate, so I am understanding that the passive income from investment properties starts off as somewhat minimal and is not going to make me rich overnight.

- assuming 500hrs each, we have spent enough time this year to get to that but wondering if thats a red flag for IRS with high chance of getting audited (we travelled 7 times over the past year to work on the unit and spend at least a week each time excluding the time we spent managing the guests)- Lastly, our understanding is that each can take 50% of the final offset to our W2 assuming we prove material participation eligibility. 

I dont understand why you would do an option and record a mortgage.