Though it wasn't what I planned or expected, just glad its over and was able to move on to different project.

Ideally LADWP will prioritize the infrastructure repairs and new service requests to these properties as getting power service in LA can be 6-24 months without project prioritization.

Or take the proceeds and do the next project.

I can easily get to that amount on a 3 day project.

I like Columbus because that's where all the growth is projected in the next few years.

I’m curious, what’s been your most creative or successful rebranding project?

An appraiser likely won't be able to value a 1-4 unit property based off STR rents (whether projected or actually incurred), and if they are, the lender won't lend off said valuation for their applicable value (value they're lending off of). 

I’d love to hear more about the project and your experience with selling new construction.

@Ryan Cousins it's really going to depend on YOUR analysis/projections of what you think the property will be worth in the future.You'll want to compare that to any capital gains tax-savings if you sell now.

Ideally a HELOC is used for less then a  year project where you can refi or sell to pay back the HELOC. 5 years is a long time, things can happen and if you reduce the cashflow on both properties you'll be increasing the risk and having thinner margins.