I'm great at deploying and managing capital and I've got a great, long-term track-record, but I'm admittedly not great at "smiling and kissing babies" to raise capital.

When you get to the size and scale of Dave at $20M or $50M it makes it more difficult also because of potential issues deploying capital and having capital sitting on the sidelines.

Also in that time save up more and keep the money for deploying on a property or multiple properties in the next 3-6 months. 

Some people are very uncomfortable deploying other peoples' money[OPM] in deals and they may even have sleepless nights. 

@Stefan Smith depending on the amount of capital that you are looking to deploy, I would recommend either starting off with a less expensive asset of the same quality in a different market, or get multiple properties in another market so you can spread your risk without giving up return.

Simply put, it's calculated by taking the profit (or cash flow) and dividing it by the Total Deployable Equity—remember to account for selling commissions if the property is sold.A lot of people don't often consider ROE.To put it succinctly: ROE helps investors decide which assets to sell, refinance, or draw a HELOC on.

You should deploy your capital in whatever way you can that will give you the best returns within the bounds of your personal risk tolerance.

@Michael BaumSounds like I may need to look at alternative markets and start stoking coals in others proactively from feedback so far. lol if charging above market rates that would be a net return cancellation depending on how I could deploy capital otherwise so also may not be the best use. 

I am also worried because everyone tells me to never sell anything which makes sense but if I can deploy the same capital into something bigger wouldn't I make more in the big picture?

Further, if you have enough equity there, you could use the HELOC funds, as a down payment for new loans to complete your California projects, and then find a few more projects to do, all using the HELOC as down payment money instead of thinking of it as the main funding for the project and deploying 100 percent of the HELOC in one spot.