Not recommended to DIY it, it's fairly complicated.

There is a complicated set of assumptions that go into calculating demand.

It was also $900 a month and very complicated.

There are several niches that we will explore and focus in order to be successful, but we have found that we typically see returns of 2-5 times of our original investment.The challenge with entitlement is there's definitely quite a bit more risk involved as well as a very complicated process (hence the higher return). 

The risks, such as triggering a "due on sale" clause and complicating your taxes, often outweigh the benefits. 

I always recommend you go right to the source when you have complicated questions regarding REI financing.

I agree with those above that it could be complicated but I'm not in this space.

Property tax reassessments have also resulted in higher taxes for many homeowners, further complicating the financial equation.While efforts are being made to bring more insurance companies into Louisiana, the relief has been minimal.

For example, any foreclosure of a home equity loan must be through judicial proceedings (court), and cannot proceed as a private foreclosure.All home equity loans are non-recourse loans, meaning that if the lender does not recover the full amount owed by the borrower through the foreclosure process, the borrower has no personal liability for the loan and cannot be sued for any remaining balance owed.Back to topConsiderations When Taking Out a Home Equity LoanHome equity loans can be a useful tool to allow a homeowner to obtain funds that are otherwise locked up in their home.

Turns out the financing piece is a bit more complicated when using a SDIRA, but still a great option to add some diversity to your rental portfolio.