I tend to acquire multifamily property in markets with a compelling growth story (of course the future is uncertain but it pays to begin in the right direction), improve the property to bump the income in the front side of the investment, then monitor for the optimal exit point.  

I will give you a warning now that there is some high school level statistics referenced so you may want to refresh yourself.Monte Carlo SimulationsMonte Carlo simulations are a way of modeling forecasts when there are random/uncertain variables introduced that cannot be accounted for using a single value.

The Supreme Court said, basically, "Well, that was just a minor oversight by those stupid legislators.

Also, i don't want to take out more than $200,000 on my primary residence, as a peace of mind thing, whereas my investment property i will go as high as 70% = $245,000.My long term goal is to use that profit gained from rehab works coupled with a HELOC/HEL on 2nd property (~$245,000) to obtain a third multi-family using BRRRR strategy (Just AirBnB instead of Long Term Rent) property to tap into AirBnB market which is just starting to develop, and by my personal local experience it will be a long time till legislation comes into place (things move slower in the Pacific Islands).Appreciate any assistance with my query.

Seeking my first deal in the rehab/flipping portion of real estate and uncertain where to dive in.

Cite=59.1...https://www.kingcounty.gov/council/legislation/kc_...http://www.seattle.gov/civilrights

Check legislation regarding vacation rentals in your area, this is very important!

A great ressource is the you can just google is a pdf called The Wisconsin Way, which is an overview of all applicable legislation. 

Others are more savvy with that stuff than me. https://www.nolo.com/legal-encyclopedia/overview-landlord-tenant-laws-illinois.htmlhttp://www.ilga.gov/legislation/ilcs/ilcs3.asp?

.* * *Legislative NoteThe legislative process has many unexpected twists and turns.