And how much monthly rent to you get? 

. $300 a month for leads?

Currently started renting it for 2300$ per month , need your suggestion things I can do to fix my below situation. 

One day, one week one month? 

I don't know how much you have but a build to rent triplex all in our market is 150k liquid normally with full return of capital in 9 months.

If I remember correctly, there is a provision for properties with Fannie and Freddie loans to be moved to single-member LLCs after 12 months of seasoning if the only member of the LLC is the owner/borrower on the loan. 

Stabilization in 12 months.

It took new construction costs from $800-2500 down to $325 / SF and instead of 2 years it can be done in 8-12 months (design, permits, fabrication, shipping, and erection) depending on how much homeowners customized the standard plans. 

The only item I would suggest is double check the payment terms of the your HELOC... in particular, can you pay interest only or are you required to pay a portion of principle each month on the amount utilized.

I suggest 6 months of expenses to keep in cash.