Also make sure you have a good real estate attorney to draw up the contracts and protect your interests.If you do all of this, you will have a successful partnership.  

@Andrew Goodwin, not all HELOCs require you to pay off the balance in full at the end of the draw period.

I'm just wondering if we list it too early it may somehow be off putting to potential tenants as the date draws closer to the unit being open.

Let’s try a BRRRR show that will draw the advertisers.  

When the summer hiking and family reunion time is done, what is the draw of that town?

But that has a lot of draw backs too.

I think @Kevin Martin touched on this, but if an investor needs an architect already for re-configuring spaces, zoning, egress, wall removal, large changes and/or to get the design to a permit drawing set for filing with Municipality, then it's far less likely for that investor to also hire an interior designer (ID). 

I would be very curious to hear from practitioners about their ownership conversion rates, average number of LOs it takes to have an option exercises, costs per subsequent LO.

It's probably no big deal and I could give them whatever I write up, but my perfectionist tendencies are showing and I want to do it 'right'... but I can't find any examples to draw from. google searches for such a thing get filled with irrelevant results. my exit strategy is simple, after acquiring the property and keeping proper documentation (and making regular interest payments and growing my bank account) for the next year, I plan to refinance with a more traditional lender to get out of the high-interest, short-term private loan. can someone please help me with what to include and how it should look?

I think the easy draw to 203k’s are that people see that they can borrow money for renovations without having to wait years to save up, or by taking out a conventional renovation loan.