Purchase price: $125,000 Cash invested: $65,000 Sale price: $250,000 Wish I could have held onto it but needed the money to fund future deals What made you interested in investing in this type of deal?

Buy and hold used as short term rental property.

Get on a budget, build your emergency fund, pay off all debts, save up.

I expanded the kitchen and updated the bathroom What was the outcome?

I like to think I have done ok. for me finding properties is sales - managing real estate and growing your company requires problem solving. 

If so, I'd like to connect and get pricing for a couple of permits out here in FL.

Nothing illegal about doing that, but if caught, the lender may call the loan due and if you don't correct the situation or pay the loan off, they willstart mortgage foreclosure.3) You could also go the HELOC route to tap the equity in the home, but the 12-month owner-occupancy will also apply AND the interest rate on the HELOC will fluctuate with the Fed Fund Rate.4) You could do a cashout refi as an investment property, but that will be at an interest rate 0.5-1% higher than owner-occupied rate.Suggest you meet with 2-3 lenders to explore your options about the above.Once you have access to funds, recommend you buy a 2-4 unit with 20-25% down. - You can buy owner-occupied, live in one unit, and fix up and rent the other unit(s).- If you're handy, recommend buying a property in the worst condition you can tolerate.

If Jorje works the same way North Carolina does, go to the register of deeds and learn how to look up substitute trustee filings.

There will be fluctuations on rents and much of it is property and timing dependent and not necessarily market dependent. 

RESOLVE this issue NOW and make a clean break.