Terms can vary based on the lender and the strength of the borrower or deal. 

I agree with with Jordan that long-term your time is probably better spent focusing on residential sales especially with your goal to own multiple rental properties one day.

Prepayment penalties- usually 1-5 year terms.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

What can I ask in terms of how to carry the animal around to prevent anyone else complaining of allergies and such?

A Heloc is on a higher rate, shorter term and is a debt obligation.

Compared to the recent pricing peak in May 2022, single-family home prices in Austin are down approximately 11%.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing in Austin is still substantially above pre-pandemic levels.

Thanks for clarifying, sounds like you are trading labor for equity.  

If the underlying terms are extremely favorable and the principal large, maybe. 

Essentially, you'll use a short term loan for the acquisition and rehab.