(List price is $619K)-- We are concerned about the monthly costs to support a hard money loan AND do a HELOC.-- Our current rental can support a higher mortgage payment (with the HELOC), and still have $200+ positive cash flow after the refi.b.

What kind of investments are you considering?

If you ever need advice or support along the way, feel free to reach out. 

If you show up and he's not on the property, place his belongings in the nearest dumpster and when he comes back for them, let him know where he can find them and that he won't be treated kindly if he steps on your property again.

The seller was a terminally ill man who needed cash quickly to support his family before he passed.

I think the spirit of what they are trying to do is good, but I can see these rules causing all kinds of issues down the road. 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Maybe try direct mailing to see if you can find some deals with those kinds of LTVs.

Once all three units are operational, you’ll have three income streams to support your expenses.Evaluating if it’s a Good Deal:Cash-on-Cash Return: After figuring out your total investment (down payment + repair costs + holding costs), calculate your net annual cash flow (rental income minus expenses like mortgage, repairs, insurance, etc.).

So are you thinking of moving to a mid term rental kind of thing?