@Joshua Simmons Congrats on starting the journey!

I always look at the exit strategy for the property to determine which kind of Creative Finance I would use.

I was considering taking out a $240K HELOC with a 10-year draw period and pulling $160K from it to build the next rental property.

Like what remotely with it being ran off of it's own internet paid for by the landlord for a cost 12x more than the $200?

Congrats on getting the home and starting the process.

Using a 203k, you'll usually have quite a bit of equity that in 1-2 years you should be able to refi out of the FHA loan product into a conventional removing the MI associated with FHA loan products. 

This Wikipedia page gives different wall types and how well they block sound.  

Indeed, you can get higher returns than that in the stock market at the click of a mouse and, when investing internationally, you'd typically want a higher return than you can get domestically or in the stock market, unless you're mainly looking for diversification or parking your money.On another unrelated note, I love your latest podcast episode.

  :)   There's so many Gurus pitching this and that without mentioning the risks to them and to the buyers.So glad to hear re your business model being fair to the buyer.   

You should have been the one who hired the building inspector.