When the ROE is significantly smaller than my CoC return (based on initial investment) I know it's time to make a move to increase the velocity of the money.

There are some DSR Rehab lenders that may lend based on ARV.Otherwise, you'll need to raise funds from family & friends.

View report*This link comes directly from our calculators, based on information input by the member who posted.

What index are your heloc's based on ... ?

Nightly rates and estimated revenue based on all the other units in the area?

Sounds like you are going with a Fannie/Freddie type loan based on the cap of 2%.  

Class A properties are going to cost you more, have lower cash flow, yet be more attractive to a higher quality tenant base.

That can make it easier to communicate the opportunity effectivelyTo expand efficiently, consider targeting local real estate meetups or investment groups San Diego has a strong investor community.

I am local to Los Angeles - based in Orange County.A bit about me: I’m a civil engineer by profession with experience in local government.

If you get 100% of the purchase price covered then you should have sufficient funds for the closing costs based on what you're saying.