Not too shabby for land appreciation.That said, I’d keep an eye on the Elon Effect down southeast.

Choose a HELOC if the property is appreciating and cash flow remains strong, or a 1031 if you want to diversify or upgrade assets.This post does not create a CPA-Client relationship.

All about coming up with a strategy and building relationships with the right people.  

Then you have someone who understands the investors goals well and the technical experts really working together effectively. 

@Phillip Austin I self-manage my properties including some where I do rent by room as a primary strategy, and it is very effective if done well with good screening in place.The difference is starting with shorter leases for me. 

That's a relationship you should hold close as they could really help with future challenging acquisitions that are viewed less favorably by banks.

Use this as a learning experience to refine your investment strategy and prevent similar issues in the future.This post does not create a CPA-Client relationship.

Georgia, a state not mentioned, offers a 20% penalty so if the encumbered deed is redeemed after 1st month your effective rate of return is 240%!

Establishing those city relationships can save a lot of time!

I do not consider it as a game when the state laws protect safe unpermitted units and with ab2533 (that goes into effect Jan 1), the legislation has demonstrated that they desires these protections to continue.The reason to get the permit is not because something bad is likely to result from a safe umpermitted unit.