I'm a fairly new flipper, I've only done 6. 

Would you consider this a good or at least fair investment?

I'm looking for a cleaner to help with turnovers who prices fairly AND is insured and can provide proof of insurance... having issues finding someone that fits both of those categories. 

Haha very fair point @Mike Dymski.

So I have a SF house that we will have owned (and lived in) for two years here fairly shortly.IF after 2 years of living in it, we tear the house down, scrape it, rebuild on the same lot and sell it for say a 400K gain, is the gain taxable?

She can't maintain a job. 

Obviously it doesn't hurt to ask for a fair market rent! 

I don't want to jinx myself, lol.Be fair and professional, but don't be a pushover. 

This leads me to believe the mortgage is the better option. exactly. confirm the terms before you lock either one down, but I've been in lending my whole career, these things are fairly standard. if you take the heloc your payments will obliterate any chance of cash flow. mortgage is better suited for that

Sorry @Mindy Jensen   I am a w2 wage earner but I also  maintain my church 2 acres, bushes and flower beds for money for 22 weeks out of the year and put in some color during winter.