thank you @Nathan Gesner and @Drew Sygit for wonderful suggestions!

@Drew Sygit thank you I will check that out.

Perhaps instead consider using private money, doing the reno as quickly as possible, and then using a DSCR or conventional refi to pay off the private money.I tend to agree with @Drew Sygit and @Nathan Gesner that tapping the equity of your primary, especially with something variable and unpredictable like a HELOC, is not a good idea, but with one exception.

@Drew Sygit thanks great advice!

Quote from @Drew Sygit: It's a very interesting concept to address housing shortages in specific areas.Concerns:What happens when they inevitably expand too quickly?

@Drew Sygit  I am a software developer and know a few others who may be interested in building something to do import/export. 

Quote from @Drew Sygit: You could find an attorney or agent - recommend negotiating a flat fee with either of them as pretty standard docs. great advice, thank you!

Thank you very much for your insight, Drew. 

Quote from @Drew Sygit: Check out this map:Most of Texas and Florida are lagging Midwest locations like Detroit, Milwaukee, Cleveland, Columbus, etc.What do all the seasoned investors think about this?

Quote from @Drew Sygit: There's a great A2 area investors meeting you should start attending!