To Sum it up, its a good idea if you can exceed the cost of capital (higher rate than your cost of debt) with what you earn on your heloc/debt you pull out and invest.The question is how much gains above is enough to substantiate the risk of your variable interest rate, well thats up to your personal investing criteria.

As a bonus when you sign up you also get an e-book that has tips to running your wholesaling business.We normally pull 50k+ list when we do our monthly campaigns of cold calling.

PS  flying to DCA today LOL  looks like I will make it had to pull all my warm cloths out of my closet. 

For my rehabs, I pull owner builder permits where needed even for work done by licensed contractors.My jurisdiction does not require permits for cabinets, counters, or flooring replacement.  

Don't over think this, pull the trigger actions create results. 

The slow and steady approach is fine for this property but it feels like a waste to sit on a low performing asset and assuming rent increase is a strong enough lever to pull on for FI.

But if you're able to figure it out and get it built, you can rent out the units and essentially BRRRR it and pull some/all of your equity out to repay your debts, yourself, and potentially keep the investment cycle going. 

It's nothing like fancy pants hanging around kitchen stores picking out just the right cabinet door and handle pulls.

Or even better pull a bunch of money out and keep your same cashflow, and with the money you pull you get to buy more properties that will provide cashflow and appreciation. 

Now that I have some equity built up and want to pull some using a HELOC to purchase my next property, no one will work with me because the property is under an LLC.