Under the rules of Prop. 13, the Office of the County Assessor appraises new construction at fair market value when the improvements are complete, and the value of the new construction is added to the total assessed value of the property."

The intent is to only broker my own deals and gain access to more resources in the industry.

This can allow you to sell an asset, improve your personal balance sheet and/or be in a better position to get conventional financing. 

I also agree that some of the self-improvement/business books can be really motivating.

The escrow company actually direct deposits my money into my checking account.My second property I asked the owner to carry contract for me, I payed the escrow company, we made improvements. 

So I have about 375k in Accessible cash and another 300k in cash if I sell my current buildings after commissions.

I also would not have told him you were selling it because if you do deduct things from his security deposit he will complain that, "you were going to improve that, or fix that anyway to get it to sell."

I’m currently working on improving my financial position as to be ready to purchase a small multifamily property.

The benefit of the HELOC for me is easy access to lend money to myself for the next deal.

I want to improve communities through new development and make it affordable while also making great returns as well.