Fortunately, you will be able to to a 1033 exchange into new property and avoid any tax on the gain. 

I recently bought a primary residence all cash and would like to put a HELOC on the property to use as a revolving line of credit for various real estate projects I am working on.

But IF the property in question is in compliance with all code, and provides a safe and secure environment, all problems are timely addressed and corrected, and the property is maintained on a professional level, then the investor who has a large capital investment in the property should be entitled to enforce any contracts providing him with the agreed to cash flow. 

Hello, I'm looking to build an ADU on a property and then convert the two homes into a Condo association.

Quote from @Bruce Woodruff: Only if you paln on helping other people buy and sell properties.

Do not just quit claim deed your property!

We rebuilt this property from the cinder blocks What was the outcome?

It’s looking like this will cash flow neg just with est mortgage payments plus insurance and taxes of $1100ish (after renovation), property management of $120.

I've just put my fifth rental property under contract and I'm really starting to hate manually dealing with bookkeeping in Stessa every month.

Purchase price: $320,000 Cash invested: $15,000 Property consists of 4 quadplexes (16 Units), 8 two bedroom units and 8 one bedroom units.