To evaluate whether this is worth it, you’ll need to consider the After Repair Value (ARV) and how much the property will appreciate after the renovations.

---Continued Here: https://www.biggerpockets.com/blog/evaluating-kamala-harris-...

TIARV Park AND Self Storage~4 acres, commercial for $120K (google maps link)Pros: In city, city water & sewer nearby, city allows both rv park AND self storage in Commercial zone, ~$50K worth of timber on propertyCons: Neighbors nearby, traffic visibility not as good here, land needs to be logged/cleaned up - not a big deal reallySelf storage constructed probably out of shipping containers~3 acres, industrial for $135K (google maps link)Pros: clear flat land, higher traffic count between the coast and I5, seller will carry loanCons: zoning does not allow for RV Park, city services unavailable

.), allowing you to evaluate deals faster and more consistently.

Let me share some insights that might help you evaluate your options.Regarding the HELOC on your SFH rentalLeverage and Risk Taking out a HELOC that taps into most of your equity can amplify your purchasing power, but it also increases your financial risk.

While this is manageable, especially since you have a stable W2 job that covers personal expenses, it's important to evaluate how much more stress it may add in the short term.

If I were you, I would log into your Airbnb account and re-review your cancelation policy.

Just be sure to clarify the fee arrangement upfront to avoid misunderstandings.If you need help evaluating the deal or financing options, let me know!

I'm currently evaluating a property under escrow and gathering more details.

I have a few questions for my fellow investors:What tools do you currently use to evaluate your deals?