The initial plan is a 1200 sf build out with plans to expand back away from the cliff later as finances and interest rates are more favorable.

Odd's would be far mor ein your favor if you just bought lotto tickets. 

If you’re using a car for business, log your mileage or depreciate the car; whichever method is favorable to you.

Please do both of us a favor, and write it down on a piece of paper and burn it.

I hope the STR lottery works out in your favor.

I'm surprised to see so many posts favoring blinds over curtains.

However, given the way interest rates have gone, I wonder if it is still viable to do the BRRRR in 2025 on homes purchased in 2020, or 2022, given that you are probably giving up favorable interest rates when you do your refinance for current rates.Is the BRRRR more feasible when your refinance occurs at a similar interest rate as the rate at which you purchased the property?

@Brian Chadwick A cash out refinance might offer more favorable interest rates than your HELOC provides.

What I mean is look for areas that are favorable for investors / landlords.

It has not been favorable for both parties.