I decided to open a HELOC on my primary residence, this allowed me to have access to capital if I came across an available deal.

Another question I had however is, when/if you ever decide to sell, do you believe they are harder to sell due to it basically having to sell to another investor looking for this and not someone looking for full time living space?

Even if that is not your intention, the IRS could decide that is what it was which would mean that the seller would have lost his 1031 ability since he "sold" you the house when he accepted the first payment.

If you ever decide to add more, starting now will make your life way easier going forward.

I decided to keep 50 acres to the side for investment purposes and develop roughly 125 acres.

If you decide to go as a walk-in, get there at least 30 minutes before they open in the morning because they usually only take a few people. 

I went to a public hearing on a red card that the town fabricated because a structural inspector decided to do an electrical inspection early.

Even if you decided to do MTR or STR, you would be hustling just to be net positive.

It might help to give context to their complaints so we could decide if they should have known that.Most MTR guests won't have many complaints if the place is set up correctly and cleaned, so I always expect to handle anything they want, within reason and even a little beyond.

I know this is an old thread but I wanted to see if you were able to get more knowledge on this basement conversion and what you ultimately decided?