Sometimes, properties rented out for years as multifamily can qualify for a variance or grandfathering, depending on local laws. 

You need to polish your skills, bigger pockets is a great place to start... find a local wholesaler you can work for/with and he will guide you. 

You've proven that you can manage the dealflow you are handling so it makes sense to me that you leverage those skills to help others with their deal flow.

I would like to purchase another property so I looked into a heloc and a cash out refinance and it looks like I would qualify for about 75000 max which would be enough to put a down payment on another property and rehab it, but I still haven’t paid myself back from the original property rehab.

I have also seen appraisers recognize that multiple ADUs by rule does not qualify for conventional F/f financing.  

So, I would only recommend doing it when there are synergies to take advantage of such as the partner having a skill like HVAC, interior design, accounting, etc. 2.

Any tips on finding qualified (key word) borrowers in my local area?

The borrower will need to be exceptionally qualified and have significant reserves (particularly for a jumbo or super jumbo loans of $1-2-5M++) Historically borrowers could qualify with 10-20% reserves of the amount financed, that could jump to 100%+ without significant state and federal intervention.

It really does depend on timing of being put in service, that bonus it qualifies for (if any) and the life cycle of the elements that can be advanced. 

Hello all,Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?