Market Selection: What factors do you consider when choosing a profitable location?

If I owe $350k mortgage and I take out $100,000 HELOC and spend it on say a 6 month CD,And then I sell the house for $700kI would only have $250k profit right?

Build costs are basically double for the larger cabin.

Equity Partner (Joint Venture): You find & manage the flip, they fund it—split profits 50/50.

Leverage Local ResourcesEconomic Development Grants: Check with your city or county for grants or incentives aimed at affordable housing or community improvement projects.Local Banks or Credit Unions: They may be more flexible than larger financial institutions, especially if your project aligns with community needs.Partnership with Nonprofits: Collaborate with organizations interested in affordable housing or sustainable living.4.

@Philip Beckwith, I disagree with some who think this should only be attempted for larger gross errors and also that you need to hire a company to do it.

Your real estate happens to be a % of the larger piece. 

When you charge under market rent, the IRS deems that you do not have a profit motive and, therefore, disallows all rental expenses. 

Maybe just try finding the deal and sending it over to a larger wholesaler for a JV fee?

Theyre out there, but they are largely impractical and not viable except in the most profitable deals.