So by spending $42k I collected an additional $75k over 5 years, and then sold the furniture through a consignment store collecting $8k as my share.  

In addition to real estate, I’m passionate about entrepreneurship and business development.

In addition, you've got your HELOC on your primary you'd have to be paying back also.

Additionally I would suggest having the long term financing relationship built so that they can easily transition the deal after renovation. 

Spokane has recently changed zoning and development policies to be much more friendly to making additions so you won't be fighting too much red tape.

Add a Rental Security provision to receive stock options in Lazy Dogs LLC for any upside when it goes public!

$30k in additional value for $5k invested is a great return.

The investor manages the project, and the lender receives a percentage of the profits upon sale. - The property is renovated and sold at a significant profit, and both parties are satisfied. 5.

Additionally, interest-bearing accounts may be mandated in certain jurisdictions, so it's important to check local regulations to ensure you're handling deposits correctly.

Happy to chat if you have additional questions.