Starting with a single-family home in Kansas City is a smart move, and it sounds like you’re really digging into the numbers, which is super important for making informed decisions.From what you’ve shared, your offer of $140,000 with an 8% interest rate and a 20% down payment seems like a solid starting point.

With just one company and a single point of contact, we deliver unmatched synergy and efficiency.

It's a lot of work upfront but once the team and systems are established it gets easier and as you get better you can expand to another city. 

You are still going to have holding costs and a heloc will just have less holding costs that you would if you were doing a personal line or hard money. 

But, I think in practice, "reverse trolling" remains ill-defined and a blurred line will rapidly begin developing. 

It will include a compact bathroom, a tiny kitchen area, and a heater—just the essentials to make it comfortable for someone to stay in.

Our pro forma for the self storage property we built was rock solid until we opened the business and a year later I was facing losing everything because of all sorts of factors beyond my control.

Depending on the costs and a build to rent approach could work if you'd be willing to hold the properties as rentals. 

Hey BiggerPockets Community,I’m Steven Menotti, owner of Menotti Construction Group LLC (KB-1 licensed) and a fellow real estate investor here in the Phoenix Metro area.

I'm an investor and a licensed mortgage broker who has done fix and flips both using my home's equity and borrowing against the investment property.If you (1) have enough equity in your home to fully fund the deals, (2) don't mind tying that equity up for these deals vs saving it for a rainy day and (3) are ok linking the place you sleep with the success of the flips, this could make sense.We offer a ton of different fix and flip programs including putting 10% down on the purchase price and funding 100% of the rehab.