Enforcing the termination of a lease due to non-compliance (unauthorized resident) is not the same as ending a month to month lease. 

If you feel ambitious, you could try a BRRR strategy adding additional equity to the subject home and then taking equity out of it to pay off either the HELOC or if you decided to the refinance the primary residence. 

Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence other investment.

Talk to residents, potential buyers and renters to see what their thoughts are regarding home values in the areas. 

Investment Info:Single-family residence buy & hold investment.

I have a buddy that has been doing flips for a few years and he now has investors approach him asking to get in on his flips so he lets them cover the down payment/entry fee's for 30% return on their money.

Median-priced homes will attract the highest percentage of qualified residents looking for rentals and the highest percentage of owner-occupied home buyers in the future. 

Investment Info:Single-family residence fix & flip investment.

I am renting two units (1 basement and 1 side unit) in my primary residence.