The closures arrived at a time when Phoenix's retail market was tight, with space for expansion becoming increasingly rare.

My goals would be to increase monthly cash flow and have more access to the property's equity for things like Cap Ex, etc....Here's a blurb from a lender's website:"By combining banking functionality with home financing into one dynamic instrument, borrowers are able to save tens of thousands of dollars and years off their loan""Designed after popular programs around the world, the All In One First Lien HELOC is the nation’s first transactional offset type-mortgage program.Home financing and banking combined:Deposits lower your loan’s principalFunds remain available for expensesInterest is calculated on the average daily balanceThis lowers the monthly interest paymentsTens of thousands of dollars can be saved over the life of the loanMortgage freedom can be achieved in half the time or less

A combination of both.What do you think is the best option?

The modest purchase price, combined with an ideal renovation budget, presented a prime opportunity to improve the home’s market appeal.

Seller's make claims all the time.... you can build up to 12 units on this land, you can subdivide this into another parcel, rarely are these true if you call the city and do some legwork. 

They then did the STR model (with permits) and are able to cashflow a substantial amount.However, this only legally works while it's your primary residence.I've got other friends that used their VA loan to secure the rare plex in Alexandria.

It first appraised for $330k which I challenged as I had better comps, but it's rare to win one. 

With a long-term tenant in place for over three years, the property generates maximum rental returns in an area where townhouses are rare and highly sought after.

Being in its geographic location, hurricanes are not rare. 2.

With a long-term tenant in place for over three years, the property generates maximum rental returns in an area where townhouses are rare and highly sought after.