I chalked it up that he was going through some personal stuff but would not be renewing his lease, his lease ends on the last day of July.Well, a month went by and then I got to wake up to another large unhinged text of him accusing of another tenant of mine of a disgusting and sexual act in the bathroom openly in the household's group chat.

Personally, I think they are very ugly and I really don't see how using them saves much (any) money unless you get them free.Finishes are the most expensive part of construction.

Just as a reminder in addition to the interest rate, amortization schedule and fixed period of the loan, inquire about: 1) Prepayment Penalties (In case you want to refinance in a few years), 2) Possibility of Rehab Funding, 3) Reserve Requirements, 4) Personal Guarantees, 4) Rate Adjustments (i.e. at the 5 year mark) to understand other variables in the loan product that works best for your project.

@Joseph Lombard The HELOC is best described as personal short term financing.

I have good personal credit (~730-740), average-high personal debt (mortgage, student loans, vehicles,) and I am employed making $90k/year.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

I have to do a little more due diligence before I feel comfortable with sending them any of my personal info.

In order to undertake a new build I would have to personally know the builder and be comfortable with his work.

If you have cash, know that 99% of wholesalers will have low repair values and high ARVs that don't match the actual data or upkeep of the house.Also, ask if this is being daisy-chained, meaning are there other wholesalers or investors in the line between the person offering you the deal and the seller.

I personally would approach this with a self assessment.