I have signed up and my consult is Jan 8!!

Go watch Reventure Consulting youtube video, "Colorado Market Forecast for 2024."

There is a "Tax" forum here (this is the creative financing forum)...maybe they will have something more to say...but I would be most everyone would say to consult professional help on this topic.

However, it really does depend on the area. i would consult a broker or a real estate layer before settling down. 

Hi Edwin,  Congratulations on your current real estate investments and saving up emergency funds.it's essential to consult with a financial advisor or real estate professional to assess the potential risks and rewards of accessing the HELOC and investing the funds.

However, if the appraisal is conducted as part of the property acquisition process, it's likely considered part of the property's basis.It's important to keep detailed records of these expenses and consult with a tax professional to ensure proper treatment on your tax return.

For this you may want to learn more about the specifics of deal analysis and that is where I would probably recommend books like The Book on Rental Property Investment by Brandon Turner.For raising capital there may be regulations in the UK that differ from the U.S. so it would probably be best to consult with a real estate attorney.

This document helps you find the right local broker partner https://docs.google.com/document/d/1YRwDmuSRS6xMCMgD1CpNQjqT...You could also hire a consultant to help you complete due diligence on your property to help you identify the highest and best use of the property.

The vetting of a contractor and having a 203k consultant involved is a small price to pay for getting 110% ARV LTV potential for someone with little experience. 

They typically have a "designer" or "consultant" for free that can give advice (or research in your case) specific items.