I have been considering building a treehouse on a parcel I own as high as I am able with a wrap around deck with 360 degree mountain views as my next project. 

If everything goes right I will be able to refinance and will have created 25% equity, or I may end up having to bring $10-20k to the refinance to get the 75% LTV depending on the appraisal, but even if that's the case it's still a great deal.

And we add the cost of the W/D into the rent, so any units that make it a little more than 1.5 years are profit.

With the HELOC, I think that will still puts me in the black about $125.

Post it in the Classified and you'll get all the Cleveland PM's reaching out to you.

OTC loans are great but I dont plan on living in one of the units. 

This means that if anything goes wrong with the property—like a tenant getting injured or a lawsuit related to the rental activities—the LLC, not you personally, would be the one held responsible.

I had the same experience.

Not advocating you break the law just letting you know what's going on in the marketplace. 

Quote from @Hunter Hanlon Taylor: I ended up using The Mortgage Shop, LLC!