Understanding the local market, construction costs and legal regulations will be crucial to your success.

This gives you some optionality and management over the process.

Let's applaud his honest success from TRAINING (by his admission), having experience, capital, relationships &  opportunity.To push anything less, is less than honest. 

On the other hand, renting out the entire home can simplify the management process and reduce the potential for conflicts between tenants sharing common spaces. 

Again, the thinking process is when it comes down-- it all comes down.

I'm actually in the process of discussing with the bank to see if we can do just that.The standard cash refi does sound like a good idea.

I'd be happy to show you our process for finding, fixing and flipping off market deals in the Bay. 

I look forward to continuing to learn from the BiggerPockets community as I navigate my real estate investing journey.I’ve had some success on the eastern shore of Maryland, though even that market has started to frankly become expensive, there are still pockets of potential growth both rent & appreciation, thoigh it’s becoming harder to find, also there is a massive rental shortage out there, a county I just put a property contract on, literally has 3 properties for rent right now, but it does make rental comps quite difficult, outside of that I’ve started looking a little more into western Md and some southern pa markets but still trying to get a feel for them, overall I think in this market places that are affordableish and have some draw will do well with the continued wfh + affordability crisis but keep in mind while I think the eastern shore is actually fairly safe market for the most part a lot of rural areas definitely have boom bust potential and in theory more risk than dc metro, though the low price points do by definition tend to mitigate some of those risks. 

They each have different fees, applications, and processes for admitting new brokers- Consider co-working spaces for office location (regus, wework, spaces, greendesk, etc).

Starting the eviction process with a demand will only give you more piece of mind with clear future dates on when you will inevitably get possession back of your property if the tenant does not surrender.