Theoretically, if I did enough work so that it fit my needs and lived in it as my primary, would I be violating any laws or aspects of an owner-occupied loan?

Can I create an LLC just for running the Biz/managing aspect, but not transfer my property into the LLC?

The one aspect, that I love because I manage so many properties across three markets, Tenant Turner takes all my rental calls, qualifies them, then they set the appt as long as they pass my questionsSaves me tons of time and money 

Flat or pitched roof?

Surprisingly, they agreed, allowing us to close the deal quickly and on much better terms.One crucial aspect of seller carry financing is recognizing the tax advantages it offers, especially through a 1031 exchange.

We didn't disclose anything on the house but everything was redone - Roof/windows/HVAC/the works!

Also study costs of roof replacements, furnaces and water heaters.

Additionally, if their capex budget was only forecast for 5 yr hold, and they are now anticipating 10 yrs, they may be seeing roofs, exterior repaints, other exterior repairs (stairways, railings, parking lots) that they assumed they wouldn't need to address, but now need to.Things to look for: positive DSCR TODAY, not on pro forma numbers.  

@Aaron Rushtoni know your questions are very focused on the HELOC but... there are lots of aspects to a BRRRR, and financing is only one of them.and if you use borrowed funds for 100% of everything then yes, that's potentially less cash out of pocket, but it also increases the overall cost of your project, putting more pressure on the appraisal and refinance. 

@Bryan Noth The quads offer more flexibility but there is nothing better than having all your tenants under one roof.