Regarding common equity, one advantage of this investment mode is that it targets more upside growth and a higher MOIC.

Installing a well in central Indiana costs about $15k and a septic is $7-10k on average. 

It's so hard to say generally what problems might come up, but the first that comes to my mind is work history - do you have 6 months on the job and a 2 year work/school history? 

With expert guidance, tailored training, and a supportive community that will align you with the tools you need to fast-track your success and avoid common pitfalls.

My concern with the home equity loan strategy is I'd still have the first home mortgage, the equity loan, and a new mortgage (albeit reduced from the down payment).

The lack of communication is typical in this business and a reason why we opened and have done well. 

I have an offer in on a property setup exactly the same with big house in front and a little additional unit.

Quote from @Laura Morlock: I have an opportunity to purchase a very beautiful and unique property - striking century manor house directly on the river, 1.5 acres, huge detached garage/workshop, in a quaint little town 15 mins to two major cities and a little under an hour west of Toronto.I know the property inside and out, it's turnkey, and I would love to own it, but I don't know what to do with it.

The reason for this is because most mechanicals electric plumbing are more in line with today's code, and a lot of these properties typically need more cosmetic type of rehab.

Inflation / Recession: The media has bombarded us with news about recession and inflation and a lot of people are scared and/or having financial problems and have put their vacations on hold. 4.