@Aaron Rushtoni know your questions are very focused on the HELOC but... there are lots of aspects to a BRRRR, and financing is only one of them.and if you use borrowed funds for 100% of everything then yes, that's potentially less cash out of pocket, but it also increases the overall cost of your project, putting more pressure on the appraisal and refinance. 

The appealing aspect here is the ongoing population growth and other economic factors.

Overall, I learned there are many aspect sand parts in a Flip: from Realtor, City Inspector, City Code, Contractor, Designer etc.

You may have a grasp on this aspect, but there are items to consider that can play a big factor when choosing your land such as topography, existing zoning & platted lot status, minimum/maximum requirements such as parking, detention, size of building, setbacks.  

We've found this to be the most effective way for us to manage that process.We don't use most of the financial aspects of Stessa though since income/expenses is available to us in QBO. 

Market fluctuations, maintenance costs, and the complexities of managing tenants are aspects that require careful consideration and planning.

In a lot of ways i still feel 18 and i still have so much maturing to do, however i do feel mature in many aspects, i have a stable career, i pay all my bills, i have a car bill but it will be paid off ASAP (less then 300 a month) and no bad habits/addictions.

These are all yound turks (younger than 50, most in their 30's and 40's) who have zero experience in the downturn.biggest issue with syndication is these aspect of business has almost no financial transparency, it would change in the future for example.they can at anytime stop redemption, stop distribution capital and issue capital call sometimes for their own mistake.I can give name here : Crowdstreet LOLthis guy is asking capital call to pay for their fee (for their fund).

Of course this depends on the # of units, but good software can save you a lot of time with most aspects of the management. 

Hello, I think it’s really awesome that you’re just now beginning and you are already coming to the forums to learn so the first thing you need to do is to continue to stay on the forms and you also need to be reading all of the bigger pocketbook and start listening to their podcast to soak up as much knowledge as you can and as long as you do that, you will have all the knowledge you need to start and regarding your question I do not advise to buy a single-family house just to live in it without a rental property aspect so it’s OK if you want to live in the house as well but you will have to either get a multifamily property or you could also buy a single-family home and rent out the other rooms  now see when you have a property that you use just for your family then you have to pay the mortgage every month which is building your equity, but that responsibility is solely on you whereas if it has some sort of rental property aspect, there will be other people helping you build that equity if you were to buy a property just for yourself that is something that will be taking money out of your pocket every month while as a rental property if you buy right will be putting money in your pocket every month the only exception to what I just said is if you buy a property for yourself or just for your family to live in, you could do a live-in flip to where as you’re living in the property you rehab it while your living there and if you buy right with enough knowledge, then when you turn around to sell the property, you will make profit