The appraisal came in at 490000k arv and the comps pulled and increase in home value since a year ago shows the property at around 515000k.

If you did a full repipe and gutted the entire property then I assume (in all that means) that there were permits pulled and this should have been caught when the inspector did their rough in walk through or atleast the final occupancy inspection. 

We started this journey 2 years ago - We just pulled off our best deal yet! 

Pace also rug pulled many of the people who helped him build his program.

You cannot change the area or the demographics of the area, so you have to pull the levers that community "needs" / "wants". 

It will also allow you to pull some cash out if you have the equity and for tax purposes.You can have two VA loans at the same time but having two means that the second home may not qualify for 100%. 

Unless your digging deep in that file and pulling from when the game was most similar to todays. 

I think a HELOC requires a certain LTV before you can pull any equity and 1 year most likely won't be long enough for any real equity to build.I would say.

Adding value to a property and then either selling or refinancing to pull your capital out is a solid way to build momentum, especially if you're okay breaking even on rental income.

Do it right, hire the right people, and make sure you have all of your permits correctly pulled.