we did that except instead of renovating it we knocked the existing home down and built a new primary. right after we were completed we had $500k in equity as we acted as the GC on the project. 

Not when I can build a home and 9 months later sell it and make 100k even after tax thats 60k and basically a double your COC so rentals at small deltas just dont really do it for us except tax breaks but I dont like to let the tax dog wag the tail.

Other than that, I'm not sure what to recommend except maybe team up with Lynnbrook for payments outside Airbnb.

Achieving a 15% yearly ROI in Tulum’s real estate market is exceptionally rare.When clients approach me wanting to invest in Tulum solely for high returns, I advise them to reconsider—unless they’re comfortable with a more realistic 5% return.

This would not necessarily be the case, or the spread could go the other way, though such motive could present one reason for conversion.I am not even sure if rent control gets eliminated through a possible condo conversion in most towns in Hudson County - West New York, for  base condominium rent > $1000, is one exception, it seems valuable to determine the others.

Except I'm a lot older now, and have a decent amount of cash with a blank slate.

Sold on 11/22/2024 for $110,000, this project highlights our strategic approach to revitalizing homes and delivering exceptional returns for our partners.

I had later found out, he had done ZERO work at all himself except for the times I was there and literally called him in and I had asked him to help his friend who was clearly struggling.

No different.... except that with the HELOC you may get an additional $616 a year in deductions - check with your tax professional. 

The reason I say this is because Europe experienced the exact same spike in inflation, except they never increased M2 like we did, it's just flat.