So look around, interview other STR owners so that you have sufficient information.

Hi Rob,If you believe the HELOC will be sufficient for the purchase & rehab, it could make sense to use the HELOC given the interest rate is lower than a hard money. 

As long expectations are managed, either route should be sufficient. 

I have never tried that method but I would assume that the sheer amount of effort required to call enough people at random to generate a sufficient number of actual leads would be pretty astronomical.  

If I give her a move-out notice with 3-4 weeks in advance, would it be sufficient?

For example, just having a real estate license isn't sufficient to gain membership to a MLS, which I believe most are owned by commercial third parties...As for our local boards... 

When you want to buy another property, your income must be sufficient to cover both mortgage payments (the new property mortgage + the higher balance on your cashout refi mortgage).

We help investors to fund their deals, and making sure they have sufficient runway to qualify for multiple deals.

In the past there were more options to get creative with seller financing etc to put down less than that, but now the primary lender in general won't allow this as they want to assure you have sufficient skin in the game.

This poses a challenge because one of the requirements for a 1031 exchange is that both the relinquished property (the property being sold) and the replacement property (the property being purchased) must be held for investment or used in a trade or business.If your client's mother purchased the land less than a year ago, it's unlikely that it would qualify as replacement property for a 1031 exchange because it hasn't been held for investment or used in a trade or business for a sufficient amount of time.However, there may be other options available to minimize the tax implications for your client and his mother:Hold the Property Longer: If your client's mother holds onto the land for a longer period of time and can demonstrate that it is held for investment purposes, it may become eligible for a 1031 exchange in the future.Consider Other Investment Properties: Your client could explore other investment properties that have been held for a longer period of time and would qualify as replacement property for a 1031 exchange.