Thank you very much Kyle.the information you provide is very helpful

It looks like you are doing an affordable build based on the cost but hard to say since you didnt provide info on the build itself such as square footage and finishes.

A heloc in my view is best used to provide the down payment and rehab funds, rent, REFI, repeat.   

Some lenders don’t allow HELOC funds for down payments, so check with your hard money and DSCR loan providers first.

Provide the supplies.

Quote from @Malcolm Brown: My real estate agent provides listings (multi family homes).

They provide great returns, are easier to understand and represent a tangible (see it/touch it) asset with nice tax benefits.For those interested in investing with syndication groups.

The requirement for a notary to oversee the property transaction further safeguards the investment process, providing both parties with legal protection.4.

This means you need to pad your rehab costs, make sure you have trusted service providers that do great work, and when you run comps be sure to bring them down a bit and see if the deal still makes sense. 

When work needs to be done, we require the tenant to provide access.