. :-)I am not experienced enough nor numbers smart enough to figure this out with confidence but I am devising a plan and would be very grateful for input from some of you who are so brilliant at figuring out what I call real estate puzzles.

The puzzle part was how it got there in the first place.

Fun little puzzle. 

These methods show you how to pay your first mortgage off using your heloc, which is the first piece of the puzzle, but the second part of this information is handy in understanding how to properly utilize a heloc for just about anything in life.

@Dave Foster or @Logan Allec,Am I understanding you guys right as far as the depreciation portion of the puzzle?

@Cynthia JohnsonI think you may be looking at one piece of the puzzle of 5 points to consider.1.

At this exploratory stage, it was a handwavy "I'll save up the money".

The biggest pieces of the puzzle for me when I first started out were understanding the math, understanding and doing my due diligence, and having a general plan of attack for the flip beforehand.  

We're taking this exploratory trip to see how we like the area and to get an idea of the lay of the land, which neighborhoods are what etc.

Also, developer and builder are two different pieces of the puzzle.