While you may be able to get away with not informing the county about the change in residency status, most of the legal residence application processes in SC counties to change your assessment ratio from 6% to 4% will require you to disclose if you currently claim this status elsewhere.

It's been steadily going up however, so I'm either looking for lenders who would do a HELOC once my credit score reaches the required number OR I'm also seeking private lender who would be willing to lend with a second position lien on the property for the renovation amount ($35k-$40k)I was working with a private lender but he proved to be unprofessional and not able to prepare the proper, legal documents.

A HELOC cannot be used as Reserves or assets and PITI assets are required when you buy more REI.When you look at the blended rate having a HELOC and a 2% rate again it usually causes a higher payment over a simple refinance. 

What LTV is required?

I use Hocker Title -- they do off-market through the regular title process, but if something comes up that requires an attorney, there are attorneys on staff who can work through the issues. 

The CCIM designation is a big plus but not required.

IE they continue making payments and they foreclosure. but still does not alleviate the event of default that transfer of ownership that took place..And all these folks that think land trust and other machinations is going to work are going to find out they don't.

The problem is that the insurance company is requiring utility bills from 3 months prior to me owning the property to prove the home was adequately heated.

Most banks I’ve talked to require a 6 month seasonal period.

It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.