Also @Julio Gonzalez is working in Florida and could be a great resource if you are looking for someone to meet in person.

It is our intentions to only have the property for a short term, we don't plan on using the HELOC again, as long as we meet our goals.

Meet with a real estate focused attorney who has done contracts like this before.

One thing to note about your township, is that they are having a meeting to present new STR regulations and one of the items is putting a cap in place for new STR permits.

I also have a Rolodex of reputable industry contacts including, closing attorneys, general contractors, inspectors, etc.I would love to set up a time to meet and chat about your goals and develop a plan of action!

This should minimize their later complaints.2) If either party doesn't want to renew, send LEGAL notice of lease termination with 30-Day Notice of Possession.

Then they explained their situation and it was heartbreaking.But we still didn't really want it.. so we decided to meet in the middle.

Merely doing a COR again in this case isn't going to meet my goal of selling a few and paying off a few.

I agree with @Jay Hurst I suggest considering separate loans if the loan amount meets the minimum requirement, as bundling may not offer pricing or fee advantages.

If you get a lead, go meet with the seller the same you would a normal distressed seller.