Its pretty much a necessity as the loans are so large on average compared to other areas of the country..

I've been working on him to get his mortgage license as a I plan on adding IL very soon.

Is it better to keep adding equity by doing work on the houses while I'm renting them then refinance to recover the initial down-payment to reinvest into another property or to pay down the heloc?

.- Large remodels or construction projects (Live in Flip) can be self-managed, worked on directly, and the value add, after 2 years, is largely tax free up to certain limits. - Many areas around the country allow for ADU Construction - house-hackers enjoy similar benefits to remodeling projects by being naturally on-site for ADU construction. 

Vacancy hurts a bit more, but the biggest issue with renting out large homes is turnover cost.

Since the repairs were two owners ago, I would think the town may be a little more lenient with you.With the new kitchen and bathroom, were they existing and just got renovated or were they added on?

Remember, for any claim, if you can just find one case where that proposed claim does not work it is enough to prove that claim is false.So consider this.They it was told toy uo by others is inherently flawed simply by this fact:If I give you a list of 18 year old people that don't own a house... and that list is 2000 contacts large, how many deals are you going to make?

The coaching calls have been adding real value to our business infrastructure to raise capital more effective and refine our processes. 

I think if you can nail that down you will be able to find a market easier.As a buy and hold investor some of the things that were important to me when deciding on a market were landlord tenant laws, price to rent ratio, housing demand, ability to build a team, large population 500K plus, multi-family availability and some other factors.take the process step by step and you will be fine. 

I would also highly recommend you set some parameters when thinking about working with non-accredited investors or if you are one and want to invest on a large deal.