Hello BP,I'm a long time MFH and SF GC in the Houston area, and now I manage to secure a piece of land in the DT area to develop my first multifamily project, the biggest challenge I'm facing is raising the equity capital ($4M).

The last and potentially biggest perk of the HELOC is that they can not call back my HELOC if the market tanks.

Or a market near hospitals to capture traveling nurses.Or another purchase alternative is another Single Family Home or even Townhouse near a college and you can do a rent by room, depending on local tenants laws.I am personally investing in Garden City for a STR.Those are just my ideas…  My biggest concern is getting approved for another loan on a STR or LTR with just the HELOC for the down payment?

Biggest issue I would say is termites so you definitely want to make sure you take preventative measures.

The biggest question is the one you mentioned.. the motive to sell obviously.

., but don't believe everything you hear and never pay for crap courses because you can get everything you need on the internet for free.One major problem investors have is even the brokers and wannabe professionals don't know how to analyze properties and they are full of poop.

The biggest pro is that you will be able to get into an investment property with very little capital.

You can read about the law here, but the biggest difference in this law is that it caps the number of STR licenses per council district to 1% of that district's housing stock.The planner I talked to said that in all districts but one they are only halfway to the cap.

The biggest challenges with Turnkey providers:1) Terrible renovation work - we've taken over many properties that investor bought turnkey and they were shocked to learn the true condition of their property from our TakeOver video.

Also, providing internet access is also a sticky subject, if you had access could be a violation of their privacy.