Delays like this—especially in probate—impact our timelines and profitability.

Quote from @Evan Polaski: @Jay Hinrichs, while I wasn't going to call them MLM, I did attend an Armando Montelongo (A&E's Flip this House from mid 2000's) seminar at a hotel conference room in 2007 or 08, which was the free funnel to spend $1,500 for a three day seminar or $25,000 for an in-person mentorship.I have seen similar promoted with Christina and Tarrek from Flip or Flop more recently.I didn't start realizing how profitable education can be until the last 5 or so years.  

Equity paydown and modest appreciation would result in a small profit; not enough to justify a non passive investment but i will own a killer cabin.  

In my experience, a garage ADU can still be profitable with long-term rentals, but you'll need to crunch the numbers carefully. 

You are a renter and subletting that people rebranded to make oodles of dollars on.I would also be curious to see how profitable this is, especially as the economy continues to show more signs of major cracks

So you can achieve a very small financial savings due to how the average daily balance is calculated on a HELOC... but would you rather tie up your HELOC to save $12.63 in interest a month, or use those funds to make more profitable investments?

I would agree with Chris, I would not use debt to cover all costs and then hope to get a good pop on the sale to cover all the debt, payments and still have some in the end to make a profit to do it again.

I am ready to collaborate and (literally) venture into amazing and profitable relationships! 

We’re primarily focused on long-term buy-and-hold properties, but we don’t want to miss opportunities to flip for a quick profit.

My background involves social work & non-profit management before getting into real estate.