at all. disclosure: i've lived in Vancouver BC and Bellingham WA for combined 26 years.  

So the valuation is above the combined total of purchase price + renovations, sometimes by $2-3m.

My actual cost for all utilities combined averages $97/unit/mo. 

1st/2nd combinations, wraps he used to buy these?

Combine this data w/data on average property costs per neighborhood & you should be able to narrow down where & if you can cash flow given your price point & expected mortgage note.   

Real estate and a combined knowledge of real estate law, local ordinances, finance, appraisal and estimating construction costs and closing (Attorneys and Title companies) helps makes things go smoother.  

Most of them max out at a combined ltv of 80% on helocs.

Big fingers and iPhones are not a great combination.  :-)

I'm looking at a deal that would combine these two methods but I'm unsure if a HML or PL would do the deal as they would have the second lien position.  

Finally bought two that cash flow 180 bucks combined.