A win-win situation on this property that has had positive cash flow ever since.

That’s probably what I’ll do if I ever want to go full time, note that this could take years of discussions and networking to truly make work.

The only reason to take out the 2nd HELOC and replace the 1st one is because in theory, you increased your value and you want the larger HELOC to coincide with that increased value?

I used to charge $49.00 for a half hour of troubleshooting and seldom ever needed more time than that .

I personally think it won't make a spit of difference in larger cities but may help for other areas

Have you ever been involved in residential assisted living facilities?

Its either that or a larger company who can afford to over pay and pick it up over the long haul or flip a group of properties in one deal.

I dont think I've seen a 4x4 post in an attic ever before.   

While I know the property has appreciated based on the market, I'm not sure what the property would appraise for, but I could tell you what I think investors would pay for it based on an NOI of ~$33,000 at the cap rates properties are trading at in the bay area.So, if I can't borrow against my theoretical equity, the thought of selling and trading into a larger property had come into play to put that equity to work in a better way.

Who ever did the job obviously has never mudded before and is not qualified.