Personal money How did you add value to the deal?

Shadow/mentor a person doing it.

Hi Anthony, it sounds like you’re in a good position to start building your STR portfolio, especially with no debt, great credit, and rent-free living!

Well if you go together it could split it and get basically nothing - spend $2-3k file a lawsuit and get a judgment you are first in line… Also in many instances you can slap that judgment on his personal residence as well and foreclose on that.

I used a personal line of credit of $8k to invest.

I personally used Jon McGraw in the past and he is extremely knowledgeable in the field. 

I think they used to go up to like 80-85% CLTV depending on credit score.

The builder offerred $15,000 credit to be applied, however you wished EXCEPT can not be used for price reduction. 

I personally have a separate account for each property I own.

I personally would only reno to add additional living space and leave the rest as is.