Sounds like an opportunity if other PMs are not good there.One additional point on delegating and vetting your team members.

These are professionals with additional training and a stricter code of ethics.

im looking to get a HELOC on my primary home but I may need a lender who is friendly with Self Employed business owners.  

It's a great opportunity for my family to have some additional income down the road.But man, it is tough telling a young family with 3 kids that aren't going to be allowed to rent the house due to prior collections owed to landlords and vehicle companies. 

House hacking allows me to buy a higher valued home.So, if real estate appreciates 5% per year, then a $500,000 property will have $138,000 in additional value after 5 years.

I hadn't considered that they may be rolling in those additional items into the percentage. 

You having no skin in the game would make them additionally wary.

A 401k is typically offered by a company, i.e. your employer. 

The argument is for an additional $35k you would gain an additional $20k on sale.

Additionally, you need a local licensed structural/civil engineer for the structural scoops.