I definitely would not trust it for something as unique as a mobile home on land.

A HELOC will work like a low interest credit card that you can use, repay, use and repay as much as you like.   

This isn't such a big deal since all rental properties and business equipment should be insured.5) Must keep 5 years of rolling records for 3 years after the final repayment of the loan.  6) SBA reserves the right to inspect the business financial statements and require an audit of the statements by a CPA at the borrowers expense.7) Provide the business's financial statements within 3 years after the close of the fiscal year.It sounds like a great deal of record keeping, but if I simply hold the money in a separate checking account as a backstop and ideally not spend any of the dough, I could pay the loan back in a lump sum this time next year when times would hopefully be better.  

I have found threatening tenants is the #1 best quickest way to earn interesting and unique stories such as; "I had this tenant pour cement down my drains once", or the classic "how did they smear poop there....". 

If your tenant is unable to pay anything for rent, they are very unique.

Looking for some help in a unique situation.

They care about one thing, you repaying the loan.Let's be clear about something, 250-400% ROI in 6-12 months is in no way, shape, or form "super conservative."

What I read in that article is that a borrower ”will be allowed to get a new mortgage three months after their forbearance ends and they have made three consecutive payments under their repayment plan, payment deferral option or loan modification.”Just because a borrower is “allowed” to get a mortgage, doesn’t mean all the lenders will want to lend to them.

So on the K1 you saw initial capital, then repayment of $20k so remaining capital account $80k.

Also, working on total setup prior to deals is the goal, sometimes some deals creep unexpectedly, in unique form.