I currently own 4 STRs in two different markets that I self manage.

Would you be bothered if friends/family visited and saw a different type of living situation? 

Hey Zachary I think it's essential to look beyond mere interest rate differentials and focus on strategic benefits, particularly if scaling your portfolio is a long term goal.Key considerations:Pre-payment penalties: Determine if the HELOC has any penalties, impacting your flexibility payoff.Scaling strategy: Evaluate the scalability and limitations of each financing option.Advantage of HML: Allows scaling without hard credit pulls, and no pre-payment penalties.Holding costs: Factor in not just interest rate differences but also ancillary expenses as well as overall goals of scaling.Example scenario:Property purchase for $120,000 with $30,000 renovation.

What are some different options to get about $300k for for the construction which should take less than 6 months to complete and get the refi?

Each deal is going to be different.

As a result, careful consideration of the ramifications of the S & A decision is essential when planning internal corporate restructuring transactions involving recorded deeds, as well as in estate planning transactions.CAVEAT❗️❗️❗️This DOES NOTpresently apply to transfers of non-homestead residential property to revocable living trust agreements or land trusts This is limited only to non-homestead properties (such as vacation homes, secondary residences, rental properties, or vacant land)KEY TAKEAWAYSIt is important to remember that a change of ownership or control might not make a difference unless the property has been appreciating at a rate of greater than 10% annually.

I was thinking a percentage split or different take o on a short term  loan with a buy out at so many months.

I bought a home in Kelowna some years back and learned about all the differences in the mortgage market there..

STR and MTR investing is a different animal all together taking you from housing to hospitality and requires more of a time suck than many initially realize. i personally only do long term rentals and students. i do have a property in mind and making the connections to transition it into a sober living home. excited to see how that shakes out. 

Motivation is an emotional state. 2 people subjected to the same environment will inherently act differently and thus proves it is not possible to target motivation.A motivated seller is not someone in foreclosure or is an absentee owner or is in tax trouble.A motivated seller is anyone willing to sell their house below market value no matter the reason.Everyone, please stop telling others to stay consistent.Let me tell you something, coming from a (NASA) scientist and engineer.When something does NOT work, you don't "do more" you don't stay consistent.