If Using Heloc with BRRR (Not Refi)
Does anyone know- if investment costs you - (example) cash $75K(COE, Deposits,Rehab,Carrying..) and after Rehab you HEloC back $60KHow should you adjust your spread sheet-to reflec...

Some of the challenges I face are - how to find the deals/how to analyze and evaluate the deals, and qualifying for a commercial loan. 

First thing I would do is get a proper evaluation.

Is the Cap Rate the typical/best method to evaluate ROI for an income property?

If you don't know how to evaluate a note yet, don't worry a lick about it-- just submit.

When we got there the fire department was gone and the house had been deemed unsafe until a structural engineer could evaluate it. 

He won't budge on this.I say, this is useful for evaluating a property and it's a tool to decide whether to purchase or not but it's not the one and only way to look at financing. 

@Christopher HunterI’m comparing this to flipping the house instead of renting it.. if I flipped it the net after taxes etc profit would be in the 60-80k range.. so I’m trying to evaluate if $1,400 net income from a home would beat that out because my market where I live is also topped out from most of what I hear

You have to actually evaluate someone to know if that is the right prescription.

I may be wrong.Keep that in mind when you're evaluating the deal.