Depending on the project, you could have many different sub-sections. 

I'm trying to make a decision between the two and I wonder if it simply depends on which rep employee you are assigned to in each business, and their experience. 

-Jill Don /  Jill  I think it really depends on the investing Niche one wants to pursue..

Depending on where you live this is not a great time to rent in my area. 

KC has some appreciation depending on the sub market and real estate cycle but is definitely a cash flow play market.

Going to depend much more on more details / your personal situation - all things equal you will probably get better rate/terms on conventional if you qualify for both

This way I get paid upfront for my work 1-2k plus I know I have another payday at some point in the future if the deal closes.The costs to fully develop a property and sell for near retail usually involves the costs below and takes 2-6 months or more in some cases, but the profits can be huge if you're working in markets where land costs are high:Title 200-400Legal 500-2000 depending on zoning issuesIf wetlands are present AND its a buffer zone project: 2000-5000Perc & septic design if needed 1500-3000Treescaping & cleanup for retail sale 500-1500Selling costs of 6%I tend to stay clear of properties that need more than the above expense items.  

Also, ask your agent for recommendations—they often have relationships with dependable contractors.Look for areas with a mix of affordability and growth potential.

Now though, HELOC rates are significantly higher and depending on what your primary mortgage is at it could be substantial. 

@Chris Clothier well saidthe answer is almost always "it depends"is your LP an opportunist or not, what's their risk profile, what returns are they looking for?