Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.

Their contribution depends on factors like local demand for ADUs, their design and size, and how they’re used (e.g., rental income potential).

In other words, you may be great at leasing, but if you can’t keep your tenants your occupancy will forever be a revolving door.

We have a lot of fix and flippers who are really looking to scale, and understand that access to capital is their limiting factor.

It’s probably not that you’re “small potatoes” to your PM, but more a reflection of the nature of the market itself—low rents, properties with higher maintenance needs, and tenant issues.These factors make properties in these neighborhoods more difficult to manage and generally less profitable for property managers.

While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.

Location and amenities are the two most important factors that bring potential renters to an STR. 

When i was younger I used to help her with renovations on some of these properties.I asked her about 2 years ago why she never went multifamily and she said that she was afraid of stepping out of her comfort zone and wanted to stick with what she had known and done forever.

You also have to factor in time limitations.

The biggest factor will be how long you plan to own the property or when you think you may refinance.