@Sam AugustHELOC money is expensive money, so borrowing via a HELOC to buy real estate won't work.

or build to rent development as a strategy?

Has anyone ever used a hard money lender to buy land and subdivide?

Anyway give it a go..

A unit renting for $700 probably can't go straight up to $1,200 overnight with no updates unless your property looks like the other ones in the area renting for $1,200 and offers similar finishes/ amenities. 

Asking in the correct forum will get a better response.Read the RULES!

To avoid pitfalls, research liens, check property conditions, and set a max bid before buying.

California has some pretty tough regulations surrounding property left behind by a tenant.

Something to accurately evaluate a flip would be a welcome addition.I’m curious to follow your progress, Chris.

Melisa Justice, and she helped me navigate the entire Journey, it was a process not too long, it took about a month, and the process would have been definitely very hard being that I was on a different state by Melissa made it a lot smother, she was very responsive to all my questions (and I had a lot of questions), she helped me find a lender that would fit better for my financial situation, once I was pre-approved she connected me with the right property inspectors, and all through out the process she kept in touch pointing me the right direction all the way until closing day, all this to say I Definitely recommend her for any body the is finally ready to take the plunge and get started with their real estate carrier, I definitely will get in touch with her when I'm ready to buy my next property!