What would you do if you got someone to do it, gave the money they gave you to the seller as his/her earnest money, and the closing fell apart but the seller refused to return the money or tied it up in escrow or arbitration? 

All - Sorry for the late replies.

With a little work we can locate homes with an even better return.  

Specifically I now track month end account balances, maintenance expenses and have a detailed list at my fingertips of the tenants that are late on their rents.

If they don't approve the project, all the time and money spent chasing it yields no return.3) Market Risk: The market can change during the entitlement process, which can also work in your favor like it did for many Developers in 2021.That's why knowing your municipality, understanding their processes, and making wise decisions in selecting which projects to pursue are crucial.Success in development requires choosing the right projects that 1) meet your criteria and 2) have a promising path to approval.The good thing is that this risk is compensated by having a higher return.

Scott, I have no issue with what is being claimed as a return by Brian.

I know I'm a little late but I didn't have a great experience with Zeker.

Personally I only use my HELOC on short term projects like flips, new builds and BRRRRs where I know I will be replacing the capital within months.You may be better off waiting a year and save up more cash or liquidate your index funds if the returns on a property will be better.

If the property is in service then it’s reported on your 2024 tax return.

If it's a simple living room to bedroom conversion, it likely won't be that difficult to return to "normal" if that's ever needed but definitely a great thing to keep in mind.