Luckily, I didn't need to tap into these funds for the initial work but I have a choice given to me: either have the contractor do more work or have that money go towards principle. 

Property insurance continues to increase with no imminent end in sight. 

The principles outlined can help you create your systems/processes.

I come from the mortgage industry as a loan processor and a loan closer and those legal docs templates we used were created by a  real estate attorney, therefore, it's the same principle that allows a TC to do the same thing.

You want to buy when market is tired/stagnant and sell to FOMO buyers when inventory at ATL lol kind of same principle when buying/selling stock lol

Don’t forget ROI includes debt pay down so it has to include the principle portion of the loan payment as ROI, I don’t see that listed?

(The shopping carts outside are a sight to behold.)

Heloc rates in my area are 8.5% whereas HML was quoted at 12% and 2 points.once I finish the heloc can I pay off the principle only like I would with say an auto loan? 

I just don't want to take a step in any direction without having an understanding of the principles first.

Still trying to calibrate my sights on not just the country but get it down to 1-2 cities max!