Hi Joe,Using a Home Equity Line of Credit (HELOC) on your primary residence can be a practical and low-cost way to fund flips, especially since the terms you mentioned include only a $200 yearly fee.

This is all indicative of a low interest rate environment. 

So the Janitor usually wins, defined as making more passive income than your expenses, because his expenses start off so low and stay low.Unfortunately, after you play it a while, you get to know what to look for, like when that one stock becomes available for, I forget, $3 or something ...

With their low income and it's unlikely they'll get a better paying job.

If low wet ground check with people moving dirt for free fill dirt.

The amounts of square footage cover is so low the delta becomes a rounding error. 

I had a similar issue with one of my properties where the thermostat was near a door in a busy retail space, and the tenant was complaining the temperature was too low.

Investors come to our market because of the low barrier to entry and that we have a solid tenant base that provides solid cash flow to out-of-state investors like yourself.

Not sure how one would make money on this. they are following the buy high sell low concept of investing. !!

I'm not a big fan of HELOC toward a down payment unless the numbers make sense and vacancy rate is low.