If any short term financing, risk adjust upwards another 2% points on the interest rate.3.  

We had hoped to rent our house for short-term or mid-term stays.

That is tight leverage for an investment 2nd position loan.A private investor might be willing to do it, it's not going to be cheap at all & will be short-term money & will not be a line of credit to take out at your liking.What is your rate on the 1st?

Conventional 5% Down Loan (Owner-Occupied)If you live in the property for at least one year, you can use a primary residence loan with as little as 5% down.After a year, you can convert it to a short-term rental (STR).Loan types: Conventional (Fannie Mae, Freddie Mac)2.

If your goal is to rent the property post-renovation, you might pair a DSCR loan with a short-term hard money or fix-and-flip loan to cover the rehab costs.

Once this spreadsheet is built out, there should be no more questions about the game plan for your rehab.

Is that due to taking a short term loan for repairs?

Long story short, it has been over a year and the project remained incomplete and he walked away with the money.

Do you have a particular system or software that’s been a game-changer for you?

So, long story short, I would just get an estimate from a firm and go from there.