You could still use the remaining of the Heloc to buy investment properties and take a distribution of the rents (if you want of course tax implications might be applicable) to pay down the Heloc and repeat process over and over. 

Not knowing what my realtor means by the septic being “no good” that concerned me but I grew up working on septic tanks and it may just be a cracked, misaligned or otherwise failed distribution box.

Please note that specific information such as the property address and names of those directly or indirectly involved in this particular real estate transaction were intentionally omitted to maintain confidentiality given delicate subject matter of/affecting health, life and safety.IntroductionHaving provided carbon monoxide (CO) testing of gas utilization equipment for well over ten years during the 1980's and 1990's in addition to having learned about the production, mitigation, prevention, testing, and harmful effects of elevated levels of carbon monoxide due to incomplete combustion of natural gas utilization equipment from a recognized leader/foremost authority on carbon monoxide testing in the industry by the name of Jim Davis—senior carbon monoxide/combustion trainer and consultant for the National Comfort Institute (NCI), who began traveling the country during the 80's and 90's conducting carbon monoxide training seminars for building and HVAC contractors, building inspectors, utility companies and virtually anyone interested in learning about carbon monoxide testing and proven methods to mitigate and prevent gas utilization equipment from producing elevated levels of carbon monoxide in flue gas known to cause CO poisoning—has without a doubt proven invaluable in heightening my awareness of conditions conducive to/indicative of incomplete combustion known to result in elevated/unsafe levels of CO in flue gas.

So a lot of renters are still subject to late fees, evictions, or notices to vacate.

Also have heard rumblings about the price gouging subject and how they will monitor it after the crisis subsides.

I'm new to this kind of real estate deals and wanted to know what I would need to lock down a verbal commitment, on say a subject to deal, to contract.

Are there other siblings that would see this as distribution of the estate?

@Santiago Coppoletta were you wanting introductions to lenders or just advice around the subject?

Of course it is all subject to change daily and per tenant. 

The LLC Operating Agreement can spell out how you divvy up your distributions, etc.