Asking residents to confirm they had no prior evictions, met income requirements, and had the minimum credit score didn’t ensure they were going to tell us the truth, but it did at least allow the honest ones to opt themselves out.

Credit score is about 740. - I’d like to start off with a brr and get some experience with contractors before going into flipping.

They also increased my line of credit by another $40k due to extra equity within the property that I can now use to acquire more units.

I heard David Greene talk about getting a line of credit with a bank and then make a deal that you refinance with them.

Local community banks and credit unions may have no seasoning period for their portfolio loan offerings.

If so how will they benefit me more then let's say a hard money lender or PML?

You get tax benefits for operating a business, and business assumes a profit motive.

I'm open to any insights or suggestions on how to structure this project in a manner that benefits both parties.

I was wondering if there are any major differences in lending companies that work with home equity lines of credit (heloc)?

Now keep in mind these banks are usually lending on Experience first capacity second ( your cash) and credit score last and least important.