In Ohio, you're going to need to be aware of specific permits (the county is stressful sometimes) as well as zoning.

HELOCs are a great tool if you expect to need funds readily available but no project in mind right at this moment, or if you know you can pay them back quickly.

If you are going to new Private Money Investors you can set the tone with the initial offer as they may not have considered what terms they are really looking for.I would go for Structure 2 with 8-10% interest to make it juicier for them - no one is going to get too excited over 5-6% and with the numbers you are showing you can cover the extra few percent.If you perform over time you can get better terms with subsequent loans from private lenders a lot of times.

And yes, having a job transfer across the country also counts as a reason to need a new home...as long as you didn't know about it before you purchased your current home. 

You are also going to need access to make repairs and ensure the house is ready to list on day one but you will try to be out of their way as much as possible. 

The muscle memory of working all the time (the american way) seems tough to unlearn. 

You should fix the foundation.Look at it this way - You're going to need to pay to fix the foundation.

Hello everyone, I am looking at doing my first real estate deal and I am going to need some of my well to do friends to help invest.

We tried to note that we needed more communications from them, but response emails to us were always very defensive in tone.

The vacant studio apartment appears to need a good amount of work, so that will be cash you need to find somewhere.