About biggest "drama" I had seen is when there was a pitch for "what about mini-storage", which we discussed for some time, I equipped them with all the realities of it, we developed a few real world potential, really fleshed it out, "board" meet, reviewed, and decision was made of why chase shinny things when on a good proven known path.

There isn't enough information in here about the current state of the house to be able to advise you, but I would think #3 is a definite no as it seems unnecessary from a cost perspective although that market has scale to accept it.

The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022. 

I have also sold properties subject to; but with safeguards in place so we had a path of problems occurred. 

If there are newer multifamily properties near you (or properly renovated), definitely something to consider! 

HELOCs are definitely a good option for financing BRRRRs.

The beach has taken about a year and the jungle house will take about 4-5 years because we are paying off some seller financing with the revenue from the short term rentals.I would say that I can definitely make more money investing in real estate in the United States than in Costa Rica.

.- Son to have RE license and path to life he desires.  

@Jaxin Pierce I definitely recommend looking at turnkey properties for starters.

Hey Andre - I definitely plan on refinancing.