I have a colleague that uses Cam's system very effectively in several cities. 

With the heloc I would bring down the principle faster, effectively lowing my interest payments, especially if I use the extra cash flow from the property and put it toward the loan.

In my reading I feel like I'm not going to have any equity to start the snowball effect. 

I offered her a renewal M2M last month effective Nov 1,  (before she stopped paying rent) and she wants to stay in the apartment.

I would be extra conservative on valuations until we see how values will be effected long term.4) This is where I'm thinking totally opposite of you. 

You can distribute what you want for each partner as it effects their partnership capital account.My recommendation of this is a true 50/50 partnership, and you both contributed half of everything, distribute that way also.

It would not be effective and at the very least you would probably lose your right to foreclose non-judicially.

You may want to perform services such as snow removal or lawn care yourself because you can profit from it BUT there may be a company out there who specializes in it that can do it more cost effective.  

Is this cost effective for someone starting off with 2-3 duplexes-quadplexes per year?

Is brother1 now effectively responsible for it all.