You have only the losses of the work you put in that is not a "major improvement" to the house your losses or profit would be fully reported when the house is sold. 

Has anyone gotten a HELOC on their investment properties as a way to protect them from a rainy day in their personal lives (job loss, unexpected medical costs)??

Then you're showing your success in the profit and loss statements, in the occupancy reports to more investors.So syndication is a marketing company, it's a marketing business that's what it is.

Once people have already offered at the original low price and you call H&B, fear of loss is now driving their decision making instead of hope of gain.

That is no news to anyone on the coast....Within like 5 minutes of walking distance, someone bought a SFH for $2.5 million just to rent $6600 a month... another bought for $1.8m just to rent $4500 a month....I hope they are all 100% cash down... if they finance the purchase, they would be looking at $3000 a month loss easy...That is just the reality of Bay Area...

out of the company I bought this from for a return of my losses.  

If they can give me a reasonable explanation (medical problem, job loss, car accident, etc) I don't worry too much.

That would have turned my 5k loss on my second flip into a 20-40k gain.I would have vetted the investor out better in Phoenix that I invested with where I ended up losing 70k.

So if one of your properties goes dark and stops paying, you may be experiencing 100% loss of income until you can retenant (which sometimes can be expensive and take a long time ).  

You need to decide what your plan is, if you have a major loss.