@Jimmy LieuEach institution seems to define experience differently.

@Rodney Crawford At present many lenders are not offering Helocs to include most national banking institutions.

Thank you so much in advanceJimmy, I assume the it varies per institution how repayment works.

As to the operating plan, I foresee the probability of many problems as participants needs, desires, risk tolerance, and expectations change over time.

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

@Fili AguirreCall the institution that issued that cashiers check before doing anything (don’t use the phone number printed on the check).

Hi @Tim Rooney, obviously Delaware . . .just do as the institutions do, right?

I found out a few months ago that one of the guys got committed to a mental institution and his wife divorced him while he was inside.

Are these traditional banks or "institutions" (like a lending One type of place)? 

(I'm wary to believe that, due to other bad advice and mistakes on my return.)Also, I'd probably rather not aggregate the three properties, since based on that article:If a qualifying real estate professional makes the election to aggregate all rental activities for purposes of measuring material participation, the combined rental real estate activity is treated as a single activity for all purposes of Sec. 469, including the disposition rules of Sec. 469(g).