We are in the STR Zone, and the goal (if possible) is to get the project complete before 2026 Fifa world cup. do STR for 2026 and start long term renters after.

You wouldn't use hard money for long term financing, and you shouldn't use a Heloc for this either.

I have been a long time listener to the Bigger Pockets podcast.

And you do a cost seg study, If you plan to hold this property long term does it make sense to do this?

The most interesting point of this post is that every time I hear or read about someone getting ripped off in real estate, there is always this long drawn out belief in all the lies that eventually everything will be made whole.

We just moved out and are renting it long term and making around $400/month.

Over the long run everything appreciates, but there will be a dip coming in some capacity so I’m not sure that fits either. 

Im here in Southern California, I wanna know how the market is here in terms of BRRR's and mid-long term rentals.

As long as you like your job and/or industry and could do it for the next 15 years, what you are doing would work perfect for your plan.As you gain experience, maybe you can move into more units per purchase or start to BRRRR.

Guessing the potential long term construction of a new road and housing development with no time line is scaring people away.