I am reading all the books and listening to all the podcasts, trying to prepare ourselves for what the future might hold.

Um...On a different account, what would a warranty entail for this type of work anyway?

If you are in a state using a closing attorney, many will prepare these without extra charge but you will want to make sure they are representing you as the Lender.Disagreements are never about what's written.

Another alternative is to reach out to a few realtors in the area for their thoughts, but come prepared with your renovation plans, design ie; level of finishes, appliances, flooring, lighting, etc. to make their life a little easier as well as receiving an accurate value.

Of course, you would have to be prepared to make connections with the people from out of state especially brokers and property managers in your future target markets.

You could hold the property as tenants in common and prepare a partnership agreement.

I'm not really sure what transferring to an LLC entails in terms of the HELOC.Thanks in advance for any replies!

When I have a goal and set my mind on something, I go all in to educate myself to be as best prepared as I can be when I pull the trigger (without trying to get analysis paralysis).

Prepare for extreemes on both ends and it will work out . 

I just posted a new video on my youtube channel about investing during the pandemic. Keep in mind that I am not a video editor by trade. I think it serves it purpose for now.