Have any of you used ceiling mounted cassettes in a multi-zone setup?

I've come across a piece of land that is properly zoned in a growing industrial area.

If there is no problem then the HELOC will provide more flexibility since the cash out re-fi may yield more proceeds after improvements when applying the 70 or 80% LTV limit whereas you might get improvement proceeds from an investment loan but you won't want to because there will be a lot of red tape, inspections, draws, lien waiver compliance and a lot of other crap they load onto improvement loans on investment property.

Anything similar to a NYC subway station at 100 degrees or in the tornado zone makes me question the requestor.But this is a good question.

"Be in the RED" not in the black.

Find a duplex or even SFR that has ample room and zoning to add more units.

The county is the second fastest-growing in the U.S. and the fastest in North Carolina.The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured.

Make sure to check you local zoning to ensure you can even build an ADU though. 

The area off Broadway now known as "THE war zone of all war zones" was previously known as "THE fur district" and the area was all top shelf, opulent mansions. 

In my experience, the county offices have always been very helpful, whether it be auditor, building department, zoning, etc.