Thank includes accruing capital, researching the game, and establishing your network. 

What was the address out of curiosity ?

These HELOC's that term out are rare. 90% of the HELOC's from notable banks out there have these terms:- 10 year interest only- 25-30 year term - draw first 10 years only- interest + principal years 11 through end of term (year 25-30) and you cannot draw any more years 11 and on (however you can refinance to restart a new heloc and get another 10 years of Draw at the current market margin + prime index).HELOC's are great but the all in one AIO or all in one loan is designed to accelerate your debt payoff quicker and has much safer features such as:- available for primary, second homes, or investment 1-4 units- interest accrues during monthly statement but is not due and not charged till after 20 day grace period similar to a credit card- you get a checking/sweep account with the AIO 1st position mortgage that will automatically sweep any cash you have in the checking over to the AIO mortgage thereby lowering your daily interest cost that day - your checking/sweep account can be linked by debit, check, just like any other checking account so if you spend money when the balance is zero and you have limit available within your AIO loan what happens is funds are debited from your AIO loan, credited to your checking/sweep account, and then goes out from there to your vendor you pay (aka your account doesnt bounce assuming you have credit available).- rates based on 1 Monthy Libor + fixed margin of 3.25 - 3.75%- cap of 6% above start as opposed to 18% with most HELOCS

Just out of curiosity, are you including in that rant all the real estate investors who don't pay any taxes?

Just out of curiosity, why did you go the option route rather than hold as a normal rental? 

It won't prevent you from selling, but you will have to settle and close the HELOC with the lender prior to being able to transfer your title to the new owner.Monetarily, you'll owe principle plus any accrued interest. 

Just out of curiosity, where did you source that handyman you chose to hire?

Out of curiosity - what metrics do you use to rank a neighborhood as A, B, C, etc.?

I’m considering asking her if she’s interested in me investing in the build, up to 100k, in return for a % of the rent and a proportional % of accrued equity when she sells someday.Is this a thing?

We were able to pay all of that off in the 12-18 month introductory period before interest started accruing.