Build connections with local professionals, talk to them in person, and value there time over yours.

Personally, I'd go with the As-Is scenario.

Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?

.: I would go HELOC for sure that would be best as others were saying the lower cost for the money changes between paying a higher rate for a personal line and typically personal lines they want a higher monthly charge as well independent from the interest rate.  

I'm going to exclude my personal residence from this because I don't view this as an investment, I need a place to live.Excluding my primary residence my current breakdown is 47% real estate 53% stocks/cash. 

I don't know if they still do it but if memory serves a few years ago TD Bank would do a HELOC on a rental in second position but only if it was titled in someone's personal name. 

Point noted about not being able to underwrite without seeing things in person.

From a personal standpoint I target 70% LTV for any investment I have that way gives me ability to sell it if I need too

The FMR for a 6 BR house is over $1,800....one person's trash is another person's treasure!

Do you think using lexisnexis would work for skiptracing to find a person's phone number?