I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.

., short-term rental, mid-term rental)?

As Columbus cements its reputation as a tech hub, the ongoing and planned investments by major tech firms are likely to ensure long-term growth in the local real estate market.

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.                    

It was a big project in terms of the amount of work it needed, I just ran out of time with my lender going through the garbage with the contractor, finding a new one, and finishing taking the longest. other than that I would've let it sit on the market to get closer to what I actually wanted for the property.

The high HOA fee is already a factor, so ensure you’re comfortable with the overall carrying costs.Focus on the Land Value: Since the lot has development potential, you’re looking at this as a long-term investment.

Raising money is all about marketing and sales (not real estate specific) so either hire marketing agency and read sales books, or hop on some LinkedIn courses on marketing and sales.Not sure the legal structure to use: talk to accountants and attorneys.Need deal flow: talk to brokers and go to a lot of networking events.Lending terms: start calling banks and loan brokers.From there, it is all risk mitigation. 

Will you use the HELOC as a short-term bridge, or plan to hold it longer?

@Michael Carbonare The rent to own strategy has been good to our business model as a long term buy and hold investors. 

Focus on long-term guests, like corporate clients staying 30+ days, because it’s easier and brings steady income.