While you did point out the negative aspects of a deal like this, you didn't really highlight the pros on the RE side and future investment, appreciation etc.I’ve done two of these projects in the past 3 years in SoCal.

HELOCs are fine, but keep in mind that you really only want to use 50 percent of less (each) of your available equity just so you aren't creating a problem that you can't solve later if the value of your personal residences fluctuates.If you both have W2 jobs though, have you looked into getting qualified together and just getting a loan, 10 percent down each?

Expectations for a higher standard of decor and theming has infiltrated this industry and those are the ones that do well.

Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence fix & flip investment.

I started my career with the renovations team renovating the houses we buy, and with the property management company working with our residents and our maintenance teams.

My husband and I just moved into our new primary residence about 40 min outside Savannah, GA.