I would make sure 2 or more people go in at once so that there is a witness given the nature of this tenant.

Low probability of this but see if it can be done.It seems that the basement is unfinished so this may be a challenge.

Corby and Ivory (@Corby Goade @Ivory Hayes) also echoed the short term nature of the use of a HELOC.  

There is no doubt that doing well with turnkey properties in today's markets is far more challenging than it was even a couple of years ago. 

While I agree its a challenge to find good cashflowing properties here in Greater Phoenix area, it's not impossible.

Like-kind property is property of the same nature, character or class.

Of course it will be a challenge but I can work with that.

Hi Adam,The South is lucrative for investing as you hear plenty of great outcomes from investors who know their local market and have a great niche.Calgary feels challenging right now given the past high of the economy and house prices but smaller cities throughout Alberta seem to be less impacted and could be further explored for opportunity.

Hello BP enthusiasts...My first two flips were successful, but like most, raising capital is a challenge. 

I realize I will still be dealing with people, but the different context and the new challenge of it all is refreshing.