I see how this cannot lighten the burden of interest if you are continually borrowing from the LOC, but can't the equity be making more $$ in other ventures while a conventional is still heavy with interest and no access to the equity. 

Developers usually have expensive bridge debt on their construction projects, and a heavy incentive to deliver their inventory as rapidly as possible.

I really need some advice...I am considering a cabin that that is very dated and really heavy with the lodge decor. 

It's really helpful - mine is probably tilted to RE heavy (my friends are horrified lol) and I think I want my overall portfolio to look closer to those percentages. 

Given the details here I'd say no, you should take any development thoughts off the table because to do that is not something one simply learns over night, there is a lot to it. $209k is very cheap for 40 acres, so that offer could be a person interested for hunting land and nothing I'd get excited over, and I wouldn't assume it means anything other than you could sell it for $209k. 

Under the "moisture and/or water" section the sellers stated "water in basement during heavy rainstorm of june 2023. repair completed, sealed wall, added downspouts" with no mention what-so-ever about moisture....nor other walls that were painted over to hide water damage. 

In many successful businesses, the founders start off doing the heavy lifting and leg work themselves, but as their business grows they let go of responsibilities to people they trust.

Huge risk when the city can literally turn off all your revenue over night.

Only 10,000 are electric vehicles.EVs are only affordable with heavy subsidies, and even then there is good evidence that they cost more for the user, the environment, and society in general.Just wait until the electric grid collapses.

Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon.