So the keystone piece of the property is buried at the bottom of the listing.  

I always have them take detailed videos, from bottom to top.

I can think of several reasons - but the bottom line is that since a HELOC is going to have a higher, variable interest rate, and a DSCR or conventional loan is going to have a lower, fixed rate... it wouldn't make any sense to have the BRRRR sit on the HELOC. 

Just about everything from top to bottom.

So, am I accurate in interpreting your bottom line there as this is more of a fee for a class/coaching than it is in actual tax strategy?

You could also add landscape ties along the bottom, should they try to dig under it. 

And there are sub $100K houses and million dollar houses within twenty minutes of each other, but the market here is generally known on BP for the lower end.And to Allen's original point, while there is plenty of out of state attention, especially the lower you go on the price spectrum, there are plenty of people making money investing in this market (though they may not be chasing bottom dollar properties, shooting for the highest paper return possible).

The first zoom link you'll see is wrong, you will find the correct link at the bottom of the screen in post I made today.

It is not unheard of for Lake Havasu City to only rain once a year, so people started doing not-so-smart things like building houses in the bottom of washes, and then they were shocked when they would finally have a decent monsoon and get hit with a flash flood. 

I think we saw the real bottom in SF in Q4 22, and we have yet to see the bottom in STR markets.